Bradley Currently Has a Visa Card from His Bank with the Following

Multiple Choice

Bradley currently has a Visa card from his bank with the following terms: 21 percent on purchases, 25 percent on cash advances with a 3 percent cash-advance fee on the amount, and a default or penalty rate of 33 percent. His current statement shows a balance of $9,000. Lately, he has been having a hard time paying more than the minimum payment of 3 percent of his balance.
-What is the APY on Bradley's default,or penalty,rate?

A) 33 percent
B) 33.50 percent
C) 38.48 percent
D) 42.96 percent