When Making Payments on a Credit Card, the Amount Paid

question 31

Multiple Choice

When making payments on a credit card, the amount paid is first applied to ________ and the remainder is applied to ________.

• A) late fees; interest
• B) balance due; late fees
• C) interest for the month; balance due
• D) The entire payment is applied to the balance due.

---

Definitions:

Other Cultures

Refers to the customs, beliefs, arts, institutions, and all other products of human work and thought characteristic of a community or population different from one's own.

Effective Communication

The process of exchanging information in a way that is clearly understood by all parties, often involving active listening, clarity, conciseness, and appropriate non-verbal cues.

Barriers

Obstacles or impediments that prevent effective communication or the efficient operation of processes.

Physics Class

An educational course focusing on the study of matter, energy, and the fundamental forces of the universe, often involving theoretical concepts and practical experiments.