QUESTION 3 Jose's average daily balance on his Chase Saphire Credit Card is $1750. Hi APR is 17%. If there are 31 days in the billing cycle, how much interest will Jose pay on his credit card balance for the month? $297.50 $24.79 $25.26 Onone of these are correct QUESTION 4 Credit accounts may charge the annual percentage rate (APR), late fees, balance transfer fees, and cash advance fees. True False QUESTION 5 The purpose of credit ratings is to estimate a. how dependent you are on credit. b. whether you can afford to take on more credit. O c. whether you can pay your debts. d.a. and b. e. a., b., and c. QUESTION 6 Your credit score is determined primarily on the basis of a. your character. b. your current debt. O c. the types of credit issued to you. Od. your credit history. e. how long you have been using credit