On a credit card, a finance charge is applied to
A) any purchase.
B) any balance not previously paid.
C) current purchases.
D) future purchases.

Name: On a credit card, a finance charge is applied to A) any purchase. B) any balance not previously paid. C) current purchases. D) future purchases.
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Question

Quizplus · Accepted Answer

Finance charges on a credit card are typically applied to any balance that remains unpaid from previous billing cycles, not on current or future purchases that are paid off by the due date.

On a Credit Card, a Finance Charge Is Applied to