1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Westkost [7]
3 years ago
7

Select the most likely outcome of making only on-time minimum payments to a credit card with a balance for an entire year?

Computers and Technology
2 answers:
jolli1 [7]3 years ago
7 0
<span>Making one time minimum payments to credit card with a balance for entire year can lead to bigger interest charges longer time to pay out your depth it means you are committing to paying more in interest charges later.
This is because credit card issuers tend to set minimum payment requirements at rock bottom levels. you generally owe either a fixed amount or a percentage of the balance whichever greater.Your credit card could also take a hit.when your credit card balances climb,so does your credit utilization ratio the percentage of your credit of your credit you are using.And because your credit utilization ratio is a major factor in your credit score high balances can badly damage your credit card.</span>
Nata [24]3 years ago
3 0
Making only on-time minimum payments to a credit card with a balance for an entire year can lead to: 
- bigger interest charges
- longer time to pay out your depth 
<span>It means you are committing to paying more in interest charges later. </span>
You might be interested in
The process of converting information, such as text, numbers, photos, or music, into digital data that can be manipulated by ele
SCORPION-xisa [38]

Answer:

The process of converting information, such as text, numbers, photos, or music, into digital data that can be manipulated by electronic devices is called Digitization

Explanation:

It is the process of converting “information in to a digital form”. Here the information are organized into bits. Mostly these data will be converted into the form of image. But these can be edited by converting once again into necessary format and even back to image too. There are specific tools which the user needs to install for editing the digital documents.

The reason why we need digitization is that

a) We want to convert hard copy into soft copy and store it in system.  

b) We would like to edit the data in the hard copy and preserve as a fresh copy.

4 0
3 years ago
Which of the following is not a valid FICO Credit score?
kumpel [21]

Answer: C 475

Explanation:  These choices are A. 375, B. 276, and D. 575. so that wolde mean it would be C 475.

8 0
3 years ago
Read 2 more answers
John is an entrepreneur who plans to enter a franchise contract with a hotel business. Which of these is an advantage that John
ladessa [460]

The answer is C:

In most Franchise businesses, the franchisor provides ongoing guidance and support, and a developed way of doing business. In addition, they offer a higher rate of success as compared to start-up businesses and you may find it easier to secure finances for a franchise. You will get all the benefits that are attached with big businesses for a small business ownership.

3 0
3 years ago
Read 2 more answers
Who can answer me this one plss little urgent
olga nikolaevna [1]

Answer:

C is the answer mostly I guess

3 0
2 years ago
What will be displayed if code corresponding to the following pseudocode is executed? Set Number = 4 Repeat Write 2 * Number Set
Elis [28]

Answer:

8

12

Explanation:

I made the code a bit easier to understand then worked out how it would go. Here's what I did.

number = 4

repeat until number = 8:

   write 2 * number

   number = number + 2

Following this itenary, we have, the system first writes "8" as it multipled 4 by 2. Number is now equal to 6.

Next repetition, the system writes "12" as it multipled 6 by 2. Now, number = 8. The proccess now stops as number is now equal to 8.

5 0
3 years ago
Other questions:
  • What will be the output of “AAAAMMMMMHHHVV” using a file compression technique?
    9·2 answers
  • It can be useful to have a mentor because they will help you
    7·2 answers
  • If it is impractical to place guest users in a secure network, isolated from the production network by firewall barriers, then:
    14·1 answer
  • What is the output of the following code? public class Test { public static void main(String[] args) { String s1 = new String("J
    9·1 answer
  • What is the difference between a sequential program and an event-driven program?
    9·1 answer
  • Technician A says that volatility describes how hard it is for gasoline to evaporate. Technician B says that Reid vapor pressure
    8·1 answer
  • What does an "embedded video" mean
    7·1 answer
  • Write, in your own words, a one-two paragraph summary on the Running Queries and Reports tutorials. Apply critical thinking and
    10·1 answer
  • How can a cell phone tower help people​
    11·2 answers
  • An instruction for the computer. Many commands put together to
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!