How does paying off the balance monthly help a credit card user avoid finance charges?

2 answers:

8 0

Because once you don't pay after a certain time, the bank will heavily charge you interest. Gathering interest increases the amount you pay. Each time you pay a certain amount the deadline is extended

Tamiku [17]3 years ago

3 0

Answer:

Credit cards allows us to make purchases today and pay for them later. If it takes us longer than a month to pay off our balance then we will have to pay an extra fee in the form of a finance charge.

Since finance charges is the way of charging us by the credit card issuing authority for carrying a balance on our credit card and not paying it off completely at the end of each month.

Thus, the simple way to avoid finance charges is to not carry a balance and this can be done by paying off the carrying amount on the credit card at the end of each month.

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Find the x-intercept of the line whose equation is 8x + 2y = 4.<br> 04<br> 02<br> 1/2

bezimeni [28]

Answer:

1/2

Step-by-step explanation:

The x-intercept is a point on the graph that is located on any point of x but must have a y-value of 0. To find the x-intercept, we must set y in the given equation equal to 0.

8x + 2y = 4

8x + 2(0) = 4

8x = 4

x = 4/8

x = 1/2

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Ahat [919]

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