A national bank based in New York issues credit cards to customers in all 50 states.What interest rate can the bank charge customers?
A) the interest rate of New York only
B) the interest rate of New York or that of the customer's state,whichever is higher
C) the interest rate of the customer's state only
D) the interest rate of New York or that of the customer's state,whichever is lower
Correct Answer:
Verified
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