Question

john went on a trip with his friends before making his credit card payment. when he returned home he put his payment in the mail to the credit card company who recived the payment six days after the due date which term applies to this situation

Answer 1

Jhon bought a used car and got a loan from his credit union.

The Overtons bought a new home and mortgaged it for 30 years.

Tammy borrowed $40,000 in school loans to be paid back in 5 years.

Answer 2

Annual Percentage Rate

Step-by-step explanation:

A percentage of your balance each month is

set as the minimum amount you are required

to pay on your account to not be considered

“late” or “in default”