Kahay2021
Kahay2021 Kahay2021
  • 01-04-2020
  • English
contestada

How does the prime rate affect an APR

Respuesta :

DoYou DoYou
  • 01-04-2020

Answer:

The Federal Reserve increases the federal funds rate, which causes the prime rate to increase, which means your credit card APR increases. As the prime rate rises, it becomes even more important to look for a low APR credit card, such as Barclaycard Ring.

try and put it in your own words

Explanation:

Answer Link

Otras preguntas

what roles do membrane proteins play in making the cell membrane selectively permeable
What factors characterized the red scare ?
What is the taste of the resulting mixture?
Are the fractions 3/9,3/10,3/11, and3/12 arranged in order from least to greatest or from greatest to least?
which war was documented as the shortest war in history
The prevalence of Romanesque architecture during the Medieval period is also evident in England.
when is the estimation of products a useful tool?
In what way was the Islamic expansion into India similar to the way Islam expanded in other areas? Islamic expansion into India was facilitated by both Islamic
What is carbon fixation, and how does it relate to photosynthesis?
Which describes a difference between life in japan and life in the united states?