The grace period is a period of time before the credit card company starts charging interest. A. True B. False
Question
Asked 1/26/2011 7:48:49 AM
Updated 206 days ago|5/8/2022 4:56:26 PM
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User: The grace period is a period of time before the credit card company starts charging interest. A. True B. False

Weegy: True

User: Andy has a remaining balance of \$315 on his credit card. His credit card company has an APR of 18 percent. How much will Andy pay in interest for one month? A. \$4.73 B. \$56.70 C. \$15 D. \$1.25

Question
Asked 1/26/2011 7:48:49 AM
Updated 206 days ago|5/8/2022 4:56:26 PM
Rating
3
Andy has a remaining balance of \$315 on his credit card. His credit card company has an APR of 18 percent. Andy will pay \$ 4.725 in interest for one month. 315*.18/12=\$4.725
Added 206 days ago|5/8/2022 4:56:26 PM
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Weegy: One part of a good financial plan is the saving and investing plan. TRUE. (More)
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