Business, 21.01.2020 22:31 khamyah96

Casey has a credit card with a $5,000 limit. she uses her credit card to pay $4,965 for some home improvement items. casey makes only her minimum payment of $50 on the card before the grace period ends. evaluate casey's actions.

a ) excellent; casey will not have to pay any fees or interest if she makes the minimum payment before the end of the grace period.
b ) good; casey will be charged interest she could have avoided, but will not be charged other fees.
c ) poor; casey will be charged interest and is at risk of going over her credit limit.
d ) unacceptable; casey should have paid the minimum payment after the grace period to avoid interest charges.

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Casey has a credit card with a $5,000 limit. she uses her credit card to pay $4,965 for some home im...

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