When a buyer purchases an item on credit, there is a chance he/she will pay interest charges in the future. True False

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asked Feb 24, 2017 220k views

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Cristian Sevescu · Answer 1 · 2017-02-28T10:46:19+0000

True- buyer has chance to pay credit balance off before interest rates apply with in the month, however if balance is not paid full before bill date then interest is applied.

When a buyer purchases an item on credit, there is a chance he/she will pay interest charges in the future. True False

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