Answers Academy- Financial Algebra A 27 Simple InterestQuestion 6

6

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Simple Interest

Question 6 • Academy- Financial Algebra A 27

Which are considered good credit practices? Check all that apply.

Answer

A

Pay less than the minimum amount due.

B

Make payments on or before the due date.

C

Pay off the full amount with the first monthly statement.

D

Have a plan of how you will repay the money.

E

Choose the credit card with the highest interest rate.

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