William Uses His Bank Credit Card Frequently; However,he Always Pays

question 69

Multiple Choice

William uses his bank credit card frequently; however,he always pays off the total outstanding balance on the card each month.What should William look for in a credit card given the way he uses one?

• A)A low annual fee and a short grace period
• B)A low annual fee and a low interest rate
• C)No annual fee and a short grace period
• D)No annual fee and a long grace period
• E)A high annual fee and a low interest rate

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Definitions:

Dreamless Sleep

A phase of sleep where the sleeper does not report dreams upon awakening.

Restorative Theory

A theory suggesting that sleep is necessary for the restoration of physical and psychological health and well-being.

Circadian Theory

A theory that explains the 24-hour cycle in the physiological processes of living beings, including humans, affecting sleep-wake patterns and hormonal releases.

Wears and Tears

The physical and psychological damage or deterioration caused by continuous use or stress over time.