Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

would you owe in one month? a. $30 b. $40 c. $60 d. $100 9. You were charged interest of $6.31 for Purchases (near section

image text in transcribed
would you owe in one month? a. $30 b. $40 c. $60 d. $100 9. You were charged interest of $6.31 for Purchases (near section 8). Why? a. You paid off your entire balance from the month before. b. You had a balance of $53507 from the previous month as d only paid $450.00 so you didn't: pay off your balance in full. c. You borrowed more than your credit limit and were charged interest on the amount you borrowed over your limit. d. The credit card company paid you interest for the purchases you made on their credit card 10. It is April 19,2012 and you suddenly remember that your credit card bill is due the next day, You have the money in your checking account to pay the bill in fult The mailing address for the credit card company is a few thousand miles away so you assume that it will take a few days for your check to arrive What should you do? a. Take the letter to the post office to get it postmarked on or before April zoth since that will be fine with the credit card company b) Access your credit card account online to see if they have ontine options awatiabte that wil get the payment to them by April zoth. c. Send the check to your credit card company through your banks bill pay service which guarantees 48 hour delivery. d Call the credit eard compony to tell them you will belate withyour payment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Market Regulations And Finance

Authors: Ratan Khasnabis, Indrani Chakraborty

2014th Edition

8132217942, 978-8132217947

More Books

Students also viewed these Finance questions

Question

What is linear transformation? Define with example

Answered: 1 week ago