Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false)
Posted: Mon Jul 11, 2022 12:50 pm
Decide whether the following statement makes sense (or isclearly true) or does not make sense (or isclearly false). Explain your reasoning.
I carry a large credit card balance, and I had a creditcard that charged an annual interest rate of 12%. So when Ifound another credit card that promised a 3% interest ratefor the first 3 months, it was obvious that I should switchto this new card.
Question content area bottom
Part 1
The statement
▼
does not make sense
makes sense
because the interest rate will most likely
▼
stay the samestay the same
increaseincrease
decreasedecrease
after the first 3 months, so switching is
▼
rarelyrarely
alwaysalways
a good deal.
I carry a large credit card balance, and I had a creditcard that charged an annual interest rate of 12%. So when Ifound another credit card that promised a 3% interest ratefor the first 3 months, it was obvious that I should switchto this new card.
Question content area bottom
Part 1
The statement
▼
does not make sense
makes sense
because the interest rate will most likely
▼
stay the samestay the same
increaseincrease
decreasedecrease
after the first 3 months, so switching is
▼
rarelyrarely
alwaysalways
a good deal.