Asked by Old User

Explain which companies would advertise APR over APY and describe how this would help them attract customers.

Answered by Ms. Sue
Credit card companies would advertise annual percentage rate.
Savings accounts would advertise annual percentage yield.
Answered by Old User
A million thanks!
Answered by Ms. Sue
You're welcome.
Answered by Chef Sosa
This for 2020 Quiz Finance Charges (Aquanr)
1.D
2.D
3.C
4.A
5.B
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Samikik