pierryvena pierryvena

23-10-2021
Mathematics

contestada

True or False: If you stop using your credit card for purchases, you won’t ever have to pay interest again. Explain.

Respuesta :

jcherry99 jcherry99

23-10-2021

Answer:

Step-by-step explanation:

If you pay your credit card as soon as you make a purchase, then the statement is true.

If you just leave the balance <> to 0 and don't purchase anything more, the interest just keeps on building up. It is the surest way to get into financial trouble.

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