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Thomas charged 2400 on his credit card to buy furniture the interest rate charged by the credit card company is 24.9 percent after one mon?

2399.80


How is a line of credit similar to a credit card?

Interest is charged only on the amount you actually borrow


What is the interest charged by Chase credit cards?

Like almost all credit card companies, Chase offers a number of different credit cards. The interest charged by Chase ranges from only a few percent to close to a standard rate (20% at most credit card companies).


What are the differences between a credit card with a fixed interest rate and a credit card with a variable interest rate?

A credit card with a fixed interest rate has a consistent interest rate that does not change over time, providing predictability in monthly payments. On the other hand, a credit card with a variable interest rate can fluctuate based on market conditions, leading to potential changes in the amount of interest charged on the balance.


Thomas charged 2400 on his credit card to buy furniture the interest rate charged by the credit card company is 24.9 percent after one payment the minimum payment on the debt is 50?

2399.80


When does interest begin to get charged on the balance on your credit card?

at the time when i enter your wet mothers ass


How does a visa credit card work?

A Visa credit card works by allowing a customer time to pay the balance owed when making purchases. The credit card is swiped or entered into a machine, and the user has about 30 days to pay for merchandise to the issuing card company without being charged interest. If the balance is not paid in that time, the user is charged interest on the remaining balance.


What is the APR for credit cards?

The APR for credit cards is the annual percentage rate that represents the cost of borrowing money on the card. It includes interest and fees charged by the credit card company.


What does APR mean on a credit card?

APR stands for Annual Percentage Rate on a credit card. It is the interest rate charged on any outstanding balance on the card, expressed as a yearly percentage.


What does the term "credit card APR" mean?

The term "credit card APR" stands for Annual Percentage Rate, which is the interest rate charged on any outstanding balance on a credit card over the course of a year.


What is the cash advance APR for this credit card?

The cash advance APR for this credit card is the interest rate charged when you borrow cash using your credit card, typically higher than the regular purchase APR.


What does it mean to pay interest on a loan or credit card?

Paying interest on a loan or credit card means that you are charged a fee for borrowing money. This fee is a percentage of the amount you borrowed and is added to your total repayment amount.