In a credit card agreement, the _____ is the interest expense charged on a credit card.
A) late fee
B) annual fee
C) annual percentage rate
D) surcharge

Name: In a credit card agreement, the _____ is the interest expense charged on a credit card. A) late fee B) annual fee C) annual percentage rate D) surcharge
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Question

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The annual percentage rate (APR) is the interest expense charged on a credit card, representing the cost of borrowing on an annual basis.

In a Credit Card Agreement, the _____ Is the Interest