Which of the following statements is true of annual percentage rate (APR)?
A) The higher the APR, the greater the interest expense on unpaid balances.
B) All credit card companies charge the same APR for all transactions.
C) APR includes perks, such as discounts on certain products and extended warranties on purchases.
D) When APR is high, it reflects a cardholder's high credit score.
Question 2
There are many more socially responsible businesses today than there were ten years ago.
Indicate whether the statement is true or false
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