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When a buyer purchases an item on credit, there is a chance he/she will pay interest charges in the future. True False
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When a buyer purchases an item on credit, there is a chance he/she will pay interest charges in the future.

True
False

User Muhammad Ali Hassan
by
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1 Answer

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True- buyer has chance to pay credit balance off before interest rates apply with in the month, however if balance is not paid full before bill date then interest is applied. 
User Cristian Sevescu
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