Respuesta :
Answer:
Answer is D ; Grace period
Step-by-step explanation:
took the test got it right !
The required name of the period of time is the grace period.
Harriet bought a lot of new clothes and paid for them with a credit card. She doesn’t have the money to pay off the card yet, but she will after she receives her next paycheck in five days. Luckily, she has about 20-25 days between her purchase and the time her credit card payment is due. What is the name of this period of time?
What does the grace period?
A grace period is defined as the duration of time between the end of a billing cycle and the date your amount is due. During this time, you may not be levied interest as long as you pay your credit in full by the due date. Credit card players are not directed to give a grace period.
A grace period is the duration of time between the ending of a billing cycle and the date your amount is due.
Thus, the required name of the period of time is the grace period.
Learn more about the grace period here:
https://brainly.com/question/27961437?
#SPJ2
