How do you calculate a credit card rating using APR?

I'm a bit baffled here.





Let's say that I am using a credit card with an introductory offer of 2.0%+ prime rate. The prime rate is currently 8.5%.





If I purchase an item for $100.00, does this mean that the interest will be $10.50?

How do you calculate a credit card rating using APR?
Go to http://www.credit-card-gallery.com/calcu... and calculate your credit card rating easily.
Reply:yes


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