Question: APRs for credit cards can range from about 9 % to 3 0 % . How does the APR for this loan compare? Group of

APRs for credit cards can range from about 9% to 30%. How does the APR for this loan compare?
Group of answer choices
This payday loan APR is about 15 times more than the APR for most credit cards.
The APRs for both credit cards and payday loans eventually even out over the course of 15 years.
The credit card APR is about 15 times more than the APR for this payday loan.
The payday APR is incorrect in this loan agreement.

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