Question

question 5 of 10
why is it important to find a credit card with a lower apr?
a lower apr means you pay less in interest.
a lower apr impacts your grace period.
a lower apr means you have more time to pay off your balance.
a lower apr gives you a better credit history.

Explanation:

APR (Annual Percentage Rate) is the interest rate charged on credit card balances. A lower APR means less interest is accrued on the amount owed. Grace period is a separate feature (time before interest is charged if balance is paid in full). Time to pay off balance relates to payment terms. Credit history is affected by payment behavior etc., not directly by APR.

Answer:

A. A lower APR means you pay less in interest.