Making payments late to card that has introductory rate

Assignment Help Financial Management

Reference no: EM132000046

1. Zach is an authorized user on his parents' credit card. What may happen if Zach doesn't use the card in a responsible way?

Zach and Zach's parents' credit may be damaged

None of these answers are correct

Zach's credit may be damaged

Zach's parents' credit may be damaged

2. Select the most likely consequence of making payments late to a card that has an introductory rate.

Paying higher interest rates

Fees and paying the introductory interest rate on the balance

Fees and paying the default interest rate on the balance

None of these answers are correct

Reference no: EM132000046

Questions Cloud

Manufactures time series photographic equipment : Photochronograph Corporation (PC) manufactures time series photographic equipment.

How will the firm respond to it : If for an instance that the economy is operating at $2,800 billion of GDP, how will the firm respond to it?

Research dsl and cable modem services available : You may use neighboring communities or regions if your community does not have access to DSL or cable modem services.

Relative real interest rates affect exchange rates : Which interest rate does the Fed target and how do changes in relative real interest rates affect exchange rates?

Making payments late to card that has introductory rate : Select the most likely consequence of making payments late to a card that has an introductory rate.

Promote a bill to allow casino gambling in your state : As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state.

How nonprofits currently utilize data and metrics : Responses should consider about how nonprofits currently utilize data and metrics to inform decisions that produce value and impact.

Design a plan for your sql server project : Now that you've reviewed security best practices, design a plan for your SQL Server project

Define net exports and net capital outflow : Define net exports and net capital outflow.? Explain the relationship among saving, investment, and net capital outflow.

User Account

All Pages