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aivan3 [116]
3 years ago
10

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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