ECONOMICS (CBSE/UGC NET)

ECONOMICS

CREDIT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The least amount that must be paid on a credit card each month is
A
Late Fee
B
Credit Limit
C
Payment amount
D
Minimum Payment
Explanation: 

Detailed explanation-1: -The minimum payment is the smallest amount of money that you have to pay each month to keep your account in good standing. The statement balance is the total balance on your account for that billing cycle. The current balance is the total amount of your most recent bill plus any recent charges.

There is 1 question to complete.