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Determine Whether the Following Statement Makes Sense or Does Not Make Sense, and Explain Your Reasoning. In Order to Achieve Financial

Problemas

Determine whether the following statement makes sense or does not make sense, and explain your reasoning. In order to achieve financial success, I should consistently pay my entire credit card balance by the due date. Choose the correct answer below. A. This statement does not make sense. Financial success is built by paying after the due date. B. This statement makes sense. Financial success is built by paying bills on time. C. This statement does not make sense. Financial success is built by increasing credit debt.

Roztwór

Flavia experto · Tutor durante 3 años
Weryfikacja ekspertów
4.1 (214 Votos)

Respuesta

B. This statement makes sense. Financial success is built by paying bills on time.

Explicación

## Step 1The problem presents a statement about achieving financial success by consistently paying the entire credit card balance by the due date. The task is to determine whether this statement makes sense or not.## Step 2The statement suggests that paying the entire credit card balance by the due date is a way to achieve financial success. This is a common financial advice given to individuals who want to maintain a good credit score and avoid late fees.## Step 3The statement aligns with the general financial advice of paying bills on time. This is because timely payment of bills can help in maintaining a good credit score and avoiding late fees.## Step 4The statement does not suggest increasing credit debt. In fact, it suggests paying off the credit card balance, which can help in reducing the credit debt.