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3 years ago

Which of these transaction types DECREASE how much you owe the credit card company?

Mathematics

2 answers:

lord [1]3 years ago

6 0

Options:

a. Balance Transfers

b. Cash Advances

c. Payments

d. Interest Charges

Answer:

c. Payments

Step-by-step explanation:

Of all the given options, only (c) Payments decreases amount owed.

(a) Balance transfer means one is taking out cash from the account (i.e. a debit transaction); (b) Cash advances implies a withdrawal transaction from one's account and (c) Interest charges is the amount of interest deducted from an account over a debt for a given period.

As analysed , each of the above transactions increases debts.

However, (c) Payments implies a credit transaction and as such, reduces the amount owed.

ch4aika [34]3 years ago

3 0

Answer:

C. Payments

Hope this helps :)

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Answer:

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Step-by-step explanation:

The question has missing details. So, I'll solve using a general assumption.

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3 years ago

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anygoal [31]

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Step-by-step explanation:

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3 years ago

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Amiraneli [1.4K]

Answer:

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stealth61 [152]

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