Question

Anahy opened her credit card bill and was surprised by the amount she owed. She cannot pay the full amount of the bill this month. The lowest dollar amount Anahy is required to pay by the credit card company is the:

Answer 1

Answer:

C.) Minimum payment

Explanation:

These are options for the question

A.) Monthly fee payment

B.) Principal payment

C.) Minimum payment

D.) Interest payment

From the question we are informed about Anahy who opened her credit card bill and was surprised by the amount she owed. She cannot pay the full amount of the bill this month. In this case The lowest dollar amount Anahy is required to pay by the credit card company is the Minimum payment.

A minimum payment can be regarded as the least amount that is been owed on one debt which has a due date even though there is no penalities. Minimum payment is usually used in regards to is a term credit card accounts.