Question 21 (1 point) Saved Credit card companies may charge different interest rates to different types of card transaction. Imagine you have the following balances in your VISA card on December 2020: $2,000 balance transfer at 0% until June 2021 $500 balance on a cash advance at 22% until it is paid off $1,000 balance on purchases at 11.9% until it is paid off You send a payment of $500. How will VISA most likely apply your payment to these existing balances? To pay for half of your purchases of $1,000 To pay down your balance transfer currently at 0% To payoff your balance of $500 in cash advances To all three types of balances equally