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shepherd shepherd
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Posts: 2986
8 years ago
Which of the following is not true regarding revolving open-end credit?
A) Credit cards are an example of it.
B) If the balance is not paid off over a period of months, a penalty is incurred.
C) Interest is charged on the remaining balance each month.
D) A specific maximum amount of credit is established.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
Read 245 times
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tityltityl
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Top Poster
Posts: 2938
8 years ago
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shepherd Author
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8 years ago
BRILLIANT!
wrote...
8 years ago
Cool! Remember to mark it solved when you get a chance
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