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3 years ago

What statement about minimum payments is incorrect

Business

1 answer:

Oksana_A [137]3 years ago

3 0

"If you send in the minimum payment, you will be charged a late fee."

This is an INCORRECT statement, because you will not be charged a late fee just for making the minimum payment. Minimum payments are not a good idea because you will be charged interest on the remaining amount and will have a harder time paying off the balance, but you will not be charged a late fee.

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3 years ago

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Based on the given amounts of increased in savings for the first 3 months, we have the following assumptions:

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2) That the monthly interest for the first 3 months had an incremental of $0.30 monthly

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Individual freedom and the right of governing originate with God;
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