Question: i need help explaining fhis, please 2 ACTIVITY: Financial Literacy Credit 0000 0000 0000 0000 0000 John Doe Work with a partner. Use the following

i need help explaining fhis, please

2 ACTIVITY: Financial Literacy Credit 0000 0000 0000 0000 0000 John Doe Work with a partner. Use the following information to write a report about credit cards. In the report, describe how a credit card works. Include examples that show the amount of interest paid each month on a credit card. EXP 02/10 DYP Db/ John Doe . U.S. Credit Card Data A typical family in the United States owes about $5000 in credit card debt. A typical credit card interest rate is 18% to 20% per year. This is called the annual percentage rate

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