adodge723 adodge723

14-04-2022
Mathematics

contestada

Why is the interest rate one of the biggest factors when calculating the financial charges on credit cards?

Respuesta :

helpmeout777 helpmeout777

14-04-2022

the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

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ItsBlinks5 ItsBlinks5

22-07-2022

Answer:

Interest rate is one of the biggest factors in calculating finance charges because the interest rate adds a percentage of money not already spent to pay towards the credit cards if not paid in full each month.

Answer Link

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