The Finance Charges on Two Credit Cards with the Same

Multiple Choice

The finance charges on two credit cards with the same stated annual percentage rate (APR) :

A) will always be the same.
B) will be the same as the interest rate is calculated as defined by federal law.
C) will be determined by the types of credit cards used.
D) will be determined by the methods used to calculate balances.
E) will be decided by credit bureaus.