Problemas
Devontaejust got his credit card statement. Here are the details: The billing cycle was from March 1st - April 1st.His statement was received in the mail on April 4th. The payment due date is April 28th. The minimum payment amount is 25 He spent 875 during the statement billing period and had a previous balance of 157 from previous billing periods.Which of the following is TRUE? His grace period lasts 21 days because the statement date is April 4th and his payment is due April 25th Any spending he cloes between April 2nd-April 25th must be paid back on April 25th to avoid paying interest Evenithe pays backar the money he spent between March lst-April lst he will still be charged interest the pays 157 y April2Sth, he won't have to pay any interest
Roztwór
Ernestina
maestro · Tutor durante 5 años
4.3
(188 Votos)
Respuesta
To determine which statement is true, let's analyze the information provided:1. The billing cycle was from March 1st to April 1st.2. The statement was received on April 4th.3. The payment due date is April 28th.4. The minimum payment amount is
875 during the statement billing period and had a previous balance of
157 by April 28th, he won't have to pay any interest." - This statement is correct. If he pays the previous balance of
157 by April 28th, he won't have to pay any interest."