Question

Which is the following statements is true
A. Assume that Josie has had this credit card for a year. The APR on her card will remain the same as long as she has the card.
B. If Josie misses a payment during the introductory period, her late payment fee will be waived for this period since she is a new customer.
C. Assume that Josie only uses her credit card to make purshases. She pays the balance on her credit card in full and on time every month. As a result, she pays no interest to the credit card company.
D. Josie pays annual fee to use this credit card.

Answer 1

Answer:

D - Josie pays annual fee to use this credit card.

Explanation:

Note that, credit card companies may charge an annual card maintenance fee for using some type of their card.

It is more accurate to say then that Josie likely pays annual fee to use the credit card