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

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D. Interest is added to the cost of purchases

animemisa|Points 136|

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

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

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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

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alfred123

Net worth is: Total assets – total debts.

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

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

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