Question

5. With credit, if you don't pay it back in full after a month, what could be included in the amount you pay?

discount
interest
budget
balance

Answer 1

B

Step-by-step explanation:

Your credit is based on an interest rate. if you pay your balance in full, your are incrued the finance charge, which shows as an additional amount on your bill.

Answer 2

interest

Step-by-step explanation:

An "interest" accrues if you don't pay the balance or the full amount after a month. For example, if you borrowed $1,000, which has a monthly interest of 5% or $50, you're expected to pay the interest if you cannot return the money in a month's time. It means you have to pay a total of $1,050. This is very common for credit cards. Thus, it is very important to pay your balance to prevent the interests from accumulating.