asked 218k views
5 votes
PLEASE HELP ME!!!!

Casey has a credit card with a $5,000 limit. She uses her credit card to pay $4,965 for some home improvement items. Casey makes only her minimum payment of $50 on the card before the grace period ends. Evaluate Casey's actions.
. A. Excellent; Casey will not have to pay any fees or interest if she makes the minimum payment before the end of the grace period.
B. Good; Casey will be charged interest she could have avoided, but will not be charged other fees.
C. Poor; Casey will be charged interest and is at risk of going over her credit limit.
D. Unacceptable; Casey should have paid the minimum payment after the grace period to avoid interest charge

asked
User Edyn
by
8.5k points

1 Answer

3 votes

Answer:

D

Explanation:

answered
User Mostafazh
by
8.1k points
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