Why is using a credit card an expensive way to borrow?Interest is added to the cost of purchases,Interest is very sensitive to market rate movements,Interest rates are always variable,Interest rates tend to be higher than other forms of credit

Question and answer

D. Interest is added to the cost of purchases

animemisa|Points 136|

Question

Asked 10/4/2010 2:40:44 PM

Updated 1/1/2015 7:10:47 AM

1 Answer/Comment

Get an answer

Search for an answer or ask Weegy.

New answers

Rating

Janet17

Using a credit card is an expensive way to borrow because: Interest rates tend to be higher than other forms of credit.

Added 1/1/2015 7:10:47 AM

This answer has been confirmed as correct and helpful.

Comments

There are no comments.

Add an answer or comment

Questions asked by the same visitor

When organizing personal financial records, which item falls in the life or estate planning category?Tax returns,Copy of wills,Medical records,Employer information

Weegy: When organizing personal financial records, copy of wills falls into the estate planning category. (More)

Question

Expert Answered

Updated 1/1/2015 7:11:49 AM

0 Answers/Comments

How is net worth calculated?Total debts – total assets,Pre-tax deductions,Total assests – total debts,Gross income

(More)

Question

Updated 7/18/2015 3:47:43 AM

1 Answer/Comment

alfred123

Net worth is: Total assets – total debts.

Added 7/17/2015 10:40:15 PM

This answer has been confirmed as correct and helpful.

Confirmed by jeifunk [7/18/2015 3:47:29 AM]

39,633,995

questions answered

WINDOWPANE is the live-streaming app for sharing your life as it happens, without filters, editing, or anything fake.

Because you're already amazing.

Connect with others, with spontaneous photos and videos, and random live-streaming. Post thoughts, events, experiences, and milestones, as you travel along the path that is uniquely yours.

Share your world.

Popular Conversations

During President Theodore Roosevelt’s administration, what was the ...

Weegy: During President Theodore Roosevelt s administration, Communication was the central purpose of the bully ...

12/5/2024 10:57:49 PM| 6 Answers

A shoemaker bought 30 pairs of heels. How many individual heels did ...

Weegy: A shoemaker bought 30 pairs of heels. The shoemaker bought 60 individual heels. 30 * 2 = 60. User: What's the ...

12/5/2024 9:43:50 PM| 5 Answers

What's the area of the above figure, which has sides of length 6 and ...

Weegy: 2 + 2 = 4 User: Which inverse operation would be used to verify the following equation? Weegy: 9 x 6 = 54 ...

12/5/2024 1:32:10 AM| 4 Answers

What's the product of 713 and 82?

Weegy: The product of 713 and 82 is 58,466. Solution: 713 * 82 = 58,466. User: What's the correct way to write three ...

12/5/2024 1:36:53 AM| 4 Answers

Which of the following is the proper operation of 3 7?

Weegy: The following are procedures for the proper use of clothing: Prevent overheating by removing layers before ...

12/5/2024 1:48:28 AM| 4 Answers

Which statement is true of The Federalist Papers?

Weegy: They were written to gain support for the Constitution- is true of The Federalist Papers. User: The _______ ...

12/5/2024 1:01:27 AM| 3 Answers

Which of the following is NOT a reason why inmate movement is ...

12/5/2024 3:11:07 PM| 3 Answers

Apply the commutative property to 13 × 7 × 21 to rearrange the terms ...

Weegy: 21 ? 7 13 is the commutative property to 13 ? 7 ? 21. User: Subtraction is the opposite operation of which ...

12/5/2024 10:12:24 PM| 3 Answers

Adjectives are generally changed in form to show degrees of ...

Weegy: A comparative adjective is an adjective used to compare two people or things. User: Which tenses need the ...

12/2/2024 6:56:36 PM| 3 Answers

Which of the following is true about the Mayflower Compact?

Weegy: The Mayflower Compact was the first governing document of Plymouth Colony. User: Which statement was part of ...

12/4/2024 6:20:57 PM| 3 Answers