Question
Kenneth just received four credit card offers in the mail. He would like a credit card, but wants to keep the cost for borrowing as low as possible. Based only on APR, which credit card is best for Kenneth? (1 point)
Responses
Credit Card A – 5% APR
Credit Card A – 5% APR
Credit Card B – 15% APR
Credit Card B – 15% APR
Credit Card C – 0% APR
Credit Card C – 0% APR
Credit Card D – 7% APR
Responses
Credit Card A – 5% APR
Credit Card A – 5% APR
Credit Card B – 15% APR
Credit Card B – 15% APR
Credit Card C – 0% APR
Credit Card C – 0% APR
Credit Card D – 7% APR
Answers
GPT-4o mini
Based solely on the Annual Percentage Rate (APR), the best credit card for Kenneth is **Credit Card C – 0% APR**. This means there would be no cost for borrowing as long as he pays off the balance before any promotional period ends (if there is one).