Interest rates on credit cards and other loans are _____

Asked by maham237 @ in Computers And Technology viewed by 333 People

Select the best answer from the choices provided.
not important
the price you pay for using the creditor's money
determined by the person taking the loan
a category of discretionary income

Answered by maham237 @


"the price you pay for using the creditor's money" is correct.

Similar Questions

What is interest how does interest affect credit card purchases

Asked by admin @ in Computers and Technology viewed by 433 persons

What is interest? How does interest affect credit card purchases?

How can you avoid paying interest on your credit card

Asked by admin @ in Business viewed by 274 persons

What is the best strategy to avoid paying interest on your credit cards? A. Have credit cards from two different banks. B. Make payments online C. Pay the minimum balance …

How are the high interest rates on loans harmful

Asked by admin @ in Social Sciences viewed by 295 persons

How are the high interest rates on loans harmful

Why do interest rates on loans tend to be lower

Asked by admin @ in Math viewed by 319 persons

Why do interest rates on loans tend to be lower in a weak economy than in a strong one? a. A weak economy tends to have low inflation, so interest …

The annual percentage rate on a credit card determines _______

Asked by admin @ in Business viewed by 295 persons

The annual percentage rate on a credit card determines _______. A.)the amount of interest you are charged on credit card purchases B.)the amount your credit limit can go up within …

If a checking account has an interest rate of 1

Asked by admin @ in Business viewed by 354 persons

If a checking account has an interest rate of 1% and a government bond has an interest rate of 2%, the opportunity cost of holding the checking account as money …

What is the grace period on a credit card answers

Asked by admin @ in History viewed by 313 persons

What is the grace period on a credit card A. the amount of time a person has to wait to get approved for the card B. the number of years …

The federal funds rate is the interest rate charged when

Asked by admin @ in Business viewed by 288 persons

The federal funds rate is the interest rate charged when the fed lends to banks. one bank lends reserves to another bank. the fed lends to individuals. individual banks lend …

I just turned 18 can i get a credit card

Asked by admin @ in Mathematics viewed by 271 persons

You just turned 18, and you can get your own credit card. But, because you are a young person with no credit history your interest rate will be relatively high …

Which of the following bonds has the highest interest rate

Asked by admin @ in Business viewed by 342 persons

If all interest rates in the economy fall by 1%, which of the following bonds would have the greatest percentage increase in value? a. 20-year, 10% coupon bond. b. 20-year, …

Which of the following varies directly with the interest rate

Asked by admin @ in Mathematics viewed by 318 persons

The interest on an investment varies directly as the rate of interest. If the interest is ​$41 when the interest rate is 4​%, find the interest when the rate is …

If the interest rate on a savings account is 0.02

Asked by admin @ in Mathematics viewed by 308 persons

If the interest rate on a savings account is 0.02%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to …

How much do you currently owe on this credit card

Asked by admin @ in Law viewed by 352 persons

How much do you currently owe on this credit card?

What is a typical grace period for a credit card

Asked by admin @ in Computers and Technology viewed by 319 persons

What is a typical grace period for a credit card... a. 2 to 5 days b. 10 to 14 daysC. 20 to 25 daysD. 35 to 40 days?

What is the average daily balance on a credit card

Asked by admin @ in Mathematics viewed by 281 persons

The average daily balance of a credit card for the month of November was $700, and the unpaid balance at the end of the month was $1,400. If the monthly …

Most viewed questions in Computers And Technology

A company that allows you to license software monthly to use online is an example of

Asked by maham237 @ in Computers And Technology viewed by 2099 persons

Codehs python answer key

Asked by maham237 @ in Computers And Technology viewed by 2074 persons

3.4 6 t shirt shop codehs answers

Asked by maham237 @ in Computers And Technology viewed by 1846 persons

Security infrastructure design document

Asked by wiki @ in Computers And Technology viewed by 1797 persons

Codehs python answers

Asked by maham237 @ in Computers And Technology viewed by 1161 persons

In the business world people are often measured by their

Asked by maham237 @ in Computers And Technology viewed by 1096 persons

To keep from overwriting existing fields with your lookup you can use the ____________ clause.

Asked by maham237 @ in Computers And Technology viewed by 1048 persons

Electricians will sometimes call ______ disconnects or a disconnecting means

Asked by maham237 @ in Computers And Technology viewed by 1043 persons

Assign negativecntr with the number of negative values in the linked list.

Asked by maham237 @ in Computers And Technology viewed by 933 persons

Banana fee fi fo fana song

Asked by maham237 @ in Computers And Technology viewed by 791 persons

List 10 www standards that the w3c develops and maintains

Asked by maham237 @ in Computers And Technology viewed by 778 persons

Open the excel workbook revenue xls from the default directory

Asked by maham237 @ in Computers And Technology viewed by 742 persons

In order to protect your computer from the newest viruses

Asked by maham237 @ in Computers And Technology viewed by 736 persons

Write an expression to detect that the first character of userinput matches firstletter.

Asked by wiki @ in Computers And Technology viewed by 735 persons

A current vehicle registration expires at _____ of the first owner listed on the registration form. a. noon on the birthday b. noon seven days after the birthday c. midnight on the birthday d. midnight seven days before the birthday

Asked by maham237 @ in Computers And Technology viewed by 678 persons