With a Bank Credit Card,one Can Often Avoid Interest Charges

question 107

Multiple Choice

With a bank credit card,one can often avoid interest charges if:

• A)the account balance is paid in full every month.
• B)at least half the account balance is paid every month.
• C)the minimum payment is made every month.
• D)the account is a revolving credit account.
• E)the account balance is below the credit limit.

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Definitions:

Evolutionary Psychologist

A professional who studies the role of evolutionary processes in shaping human behavior and mental processes.

Cognitive Psychologist

A professional who studies mental processes such as perception, memory, and problem-solving.

Behavioral Psychologist

A professional who studies and applies principles of learning and behavior to understand and modify human actions.

Sociocultural Psychologist

A professional who studies how societal and cultural influences affect individual behaviors and mental processes.