Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Credit
Types of Credit
Eddie has a credit card on which he makes monthly payments and tries not to carry a balance. What kind of credit is this? Select all that apply.
1 answer
Revolving credit
You can
ask a new question
or
answer this question
.
Related Questions
Stacey has a $8,000 balance on her credit card that has an interest rate of 21%,
compounded monthly. (a) If she decides to pay it
The table below shows your expenses. Use the information in the table to answer questions 13.
Expense Type Cost mortgage
gayle has a credit card with $500 balance on it and a 19% interest rate. If she wants to pay off her card in two years, what
A certain department store requires its credit-card customers to pay interest on unpaid bills at the rate of 18% per year
Buford pays for a $4000.00 vacation with a credit card that has a 20% APR. He decides to make $200.00 monthly payments.
What is
Determine the cost of credit for a 2-year, $5,000 credit card loan with a monthly payment of $257.67, which corresponds to a
If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?
A. non-revolving B.
Multiple Choice Question
Phil makes a monthly take-home pay of $4500. His expenses are shown in the table below. Is Phil is
Eddie has a credit card on which he makes monthly payments and tries not to carry
Rank the credit çards from best to worse from a borrowers perspective based on APR:
Credit card A-10% APR Credit card B-12% APR
