In order to take advantage of the time value of money you should do all of the following except
A)pay bills electronically so you can delay payments and still ensure on-time payment.
B)pay bills a little later than the due dates to take advantage of month-ending interest on your savings account.
C)use settings on many bill-paying Web sites that allow you to set a future date for payment once you receive a bill.
D)make use of your money while you have it,but always make payments by the obligation dates.

Question

Quizplus · Accepted Answer

Paying bills later than the due dates may result in late fees and negatively impact your credit score. It is important to always make payments by the obligation dates. The other options listed, such as using bill-paying Web sites and paying bills electronically, can help you manage your finances and take advantage of the time value of money.

In Order to Take Advantage of the Time Value of Money