Which of these credit card purchases would charge the most interest?(1 point) Responses a $100 purchase with a monthly interest rate of 1.5% a $100 purchase with a monthly interest rate of 1.5% a $150 purchase with a monthly interest rate of 3% a $150 purchase with a monthly interest rate of 3% a $225 purchase with a monthly interest rate of 2% a $225 purchase with a monthly interest rate of 2% a $200 purchase with a monthly interest rate of 2.5%
A $225 purchase with a monthly interest rate of 2% would charge the most interest. Interest is calculated based on both the purchase amount and the interest rate, so a higher purchase amount with a lower interest rate would still result in more interest charges.
