subject
Social Studies, 04.12.2020 21:10 Billie9166

Mike and Jim are on vacation. They charge some expenses on their credit cards and make payments on the cards after the vacation. Jim also takes a cash advance on his card to use at places that do not accept credit cards. They each spend $450 on $1,000 credit cards with zero initial balance. Both cards have the same terms. Which of the following is true? Select the best answer from the choices provided. A. Mike will pay interest charges even if he pays his total balance before the due date. B. Jim will incur an annual membership fee because he did have a cash advance. C. Jim will pay interest charges even if he pays his total balance before the due date. D. Mike will incur an annual membership fee because he did not have a cash advance.

ansver
Answers: 3

Another question on Social Studies

question
Social Studies, 21.06.2019 20:30
How does cloud cover affect how much infrared light is reflected back to the ground?
Answers: 3
question
Social Studies, 21.06.2019 23:40
Which statement reflects a citizens need to increase his civic particpation
Answers: 1
question
Social Studies, 22.06.2019 01:30
The code of ethics of the sets forth certain basic standards that sociologists must follow in conducting research. question 14 options:
Answers: 1
question
Social Studies, 22.06.2019 11:00
This form of government has only a single political party. question 2 options: communist democratic autocratic parliamentary
Answers: 1
You know the right answer?
Mike and Jim are on vacation. They charge some expenses on their credit cards and make payments on t...
Questions
question
Mathematics, 04.08.2020 14:01
question
Mathematics, 04.08.2020 14:01
Questions on the website: 13722367