Business, 26.05.2020 10:59 akatherine1738

1. Which best describes how a credit card works?
a. The credit card company extends you a line of credit. You then pay a
small percentage of the cost of those purchases in one annual payment.
b. The credit card company extends you a line of credit. You purchase
"stuff" and the purchase gets directly paid with funds in your checking
account.
C. The credit card company extends you a line of credit. This is free money
that you can use to purchase the "stuff" that you need.
d. The credit card company extends you a line of credit. You purchase
"stuff" and then have the choice to pay the balance in full or a minimum
payment each month.

Answers: 3

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1. Which best describes how a credit card works?
a. The credit card company extends you a line...

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