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4 years ago

Match each of the fees below with the situations where a credit card

Business

2 answers:

sammy [17]4 years ago

6 0

Answer:

Annual fee - You pay $75 for the privilege of using your card for one year.

Late payment fee - You don't have the money to make your minimum payment one month.

Balance transfer fee - You pay what you owe on one credit card using your new credit card.

Cash advance fee - You take out $400 from an ATM using your credit card.

Explanation:

An annual fee is a common fee that every bank charges for the maintenance of your bank account with all cards attached to it.

A late payment fee is a punishment fee when you do not manage to pay the minimum payment of a borrowed amount during one month.

A balance transfer fee is when you transfer the debt from one credit card to another credit card.

A cash advance fee is the fee paid for withdrawing cash from the ATM that is not from your checking account. It is paid when you take the cash that is within your credit limit.

Schach [20]4 years ago

6 0

Answer:

annual free-you pay $75 for the privilege of using your card for one year

balance transfer fee-you pay what owe on one credit card using your new credit card.

cash advance- you take out $400 from an atm using your credit card

late payment fee- you dont have the money to make your minimum payment one month

Explanation:

apexs

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1 $20,400 $93,600

2 $20,400 $73,200

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4 $20,400 $32,400

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RESULTS IN HIGHER INCOME DURING THE FIRST YEAR.

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