Question

There is a grace period of how many days for certificate renewal after which Aid late fee of how many dollars is applied?

a) 60, 50
b) 30, 50
c) 30, 75
d) 60, 100

Answer 1

The grace period for certificate renewal is 30 days and the late fee applied after that is $50.

Step-by-step explanation:

The correct answer to the question is option b) 30, 50.

This information is related to credit card payments where a late fee of $10 is charged and there is a grace period of 30 days for certificate renewal. After the grace period, an additional fee of $5 per day is charged for each day the payment remains unpaid.

Therefore, the answer is b) 30, 50.