Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month? a late fee b annual membership fee c annual percentage rate d balance transfer fee

The Annual Percentage Rate (APR) will tell you how much credit card interest there will be if you only pay the minimum balance each month. The APR is a percentage rate that adds interest to your cards each month though the APR is for a 12 month period. To find the monthly amount of interest that will be added to your statement if not paid in full, you can divide the interest rate by 12, to determine the monthly added interest.

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