Which of the Following Practices by a Credit Card Company

question 91

Multiple Choice

Which of the following practices by a credit card company results in lower interest charges to the cardholder?

• A) The card company states interest as a monthly percentage rather than an annual percentage.
• B) The card company allows a grace period before interest is accrued.
• C) The card company allows cardholders to skip payments on their cards.
• D) The card company calculates finance charges from the date of purchase to the date the amount is paid.

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Definitions:

Mental Illness

Numerous mental health issues that modify mood, thinking, and behavioral patterns.

Psychotropics

Drugs that affect a person's mental state and are used to treat psychological disorders.

Mental Dysfunction

A broad term that refers to abnormalities in cognitive, emotional, or behavioral functioning.

Antipsychotic Drug

Medications used to manage psychosis, including hallucinations, delusions, schizophrenia, and bipolar disorder, by affecting neurotransmitter levels in the brain.