Which of the Following Is True If Your Credit Company

question 39

Multiple Choice

Which of the following is true if your credit company invites you to skip a monthly payment without a penalty?

• A)They are doing you a favor.
• B)You will not owe finance charges on your unpaid balance.
• C)Interest will not be adding up on any purchases you make after the due date you skipped.
• D)It would be a mistake to take this offer.
• E)You should not ignore this offer.

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Definitions:

Weight

A measurement of the force exerted by gravity on an object, typically measured in pounds or kilograms.

Height

A measurement of an individual or object from base to top or head to foot, commonly used in various contexts to determine vertical length.

Inches

A unit of length in the Imperial and United States customary systems, equivalent to 1/12th of a foot or 2.54 centimeters.

Pounds

Pounds are a unit of weight measurement in the imperial system, equivalent to 0.453592 kilograms.