Business, 14.03.2022 08:00 brownsade1648

Devon forgets to pay his credit card bill for three months. Which of the following statements is TRUE? 1. A Late Payment fee will not be charged to his account.

2. A Balance Transfer fee will be charged to his account.

3. His A. P.R. (interest rate) will rise to 30.24% until he pays back the amount he owes.

4. His A. P.R. (interest rate) will rise to 30.24% and stay there until he makes six consecutive minimum payments.

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Devon forgets to pay his credit card bill for three months. Which of the following statements is TRU...