Mike Has a MasterCard with an Annual Fee of $25,18

Multiple Choice

Mike has a MasterCard with an annual fee of $25,18% interest,and a $1,000 credit limit.He always pays the total outstanding balance monthly.His most recent monthly statement lists last month's payment,new charges this month totaling $1,500,and a $30 fee.That fee is most likely

A) the interest charges.
B) his annual fee.
C) an over-the-limit fee.
D) a late-payment fee.
E) a transaction fee on purchases.