Answer:
А. Annual Percentage Rate
Explanation:
А. is the right answer. Annual Percentage Rate (APR) is the amount that one has to pay every year as an interest rate. APR will include monthly payments and rate of interest on the account, as well as on investments. It is the amount of money that is charged from the borrowers and paid to the investors, including all the fees and transactions.
B. is not the correct answer. A new balance is a financial term for the amount that the credit card owner has at the end of the billing cycle.
C. is not the correct answer. Credit limit marks the maximum amount of credit that one can gain from the institution.
D. is not the right answer. The minimum payment is what you pay each month to have a good standing account.
