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Which of the following are true if you pay only the minimum amount each month towards your credit card bill?

A. You will be charged interest on your remaining balance.
B. Your Annual Percentage Rate will increase.
C. You may be in debt for a long time.
D. Both A and B are true.

1 Answer

5 votes
Which of the following are true if you pay only the minimum amount each month towards your credit card bill?

Answer:D. Both A and B are true.
Which of the following are true if you pay only the minimum amount each month towards-example-1
answered
User Timur Panzhiev
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