solomon is a college student who needs a good - quality computer for his schoolwork. he wants to apply for a…

solomon is a college student who needs a good - quality computer for his schoolwork. he wants to apply for a credit card to cover the cost. solomon is considering two different cards. one card has an apr of 12% while the other card has a variable apr between 10% and 15%. what other information does solomon need to make an informed decision? the taxes associated with each card the late fees associated with each card the type of collateral associated with each card the annual percentage rate associated with each card

solomon is a college student who needs a good - quality computer for his schoolwork. he wants to apply for a credit card to cover the cost. solomon is considering two different cards. one card has an apr of 12% while the other card has a variable apr between 10% and 15%. what other information does solomon need to make an informed decision? the taxes associated with each card the late fees associated with each card the type of collateral associated with each card the annual percentage rate associated with each card

Answer

Brief Explanations:

When choosing a credit - card, besides APR, late fees are important. They can add significant cost if payments are not made on time. Taxes are not typically associated with credit - cards in this context. Credit - cards are usually unsecured debt (no collateral). The APR is already given for both cards.

Answer:

the late fees associated with each card