You purchase a new stereo at a local electronics store and decide to pay using your credit card. You plan to pay off this debt within a year. Choose the best credit card choice from the following offers.
Answer

22% interest

29% interest

0% interest for 1 year and 12% interest after that

6% interest

Question

You purchase a new stereo at a local electronics store and decide to pay using your credit card. You plan to pay off this debt within a year. Choose the best credit card choice from the following offers.
Answer
		
22% interest
		
29% interest
		
0% interest for 1 year and 12% interest after that
		
6% interest

anonymous · Answer

C because if you do actually pay it off within a year you will have paid no interest.