INCORRECT!
Almost there! Knowing your APR is crucial for managing credit wisely.
“There is no class so pitiably wretched as that which possesses money and nothing else.” – Andrew Carnegie
Need A Hint?
Before applying for a new credit card, check the Annual Percentage Rate (APR), which includes interest rates and fees. Cards with 0% intro APR on purchases or balance transfers can be beneficial, but be aware of what the rate changes to after the promotional period. Additionally, variable APRs fluctuate with market rates, so understanding how interest accrues can help in choosing the right card.
Did You Also Know...
By Quiz Coins
Carrots were originally purple or white, not orange. The orange variety we know today was cultivated in the Netherlands in the 17th century.