menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Tags
Categories
Ask a Question
What is the advantage of opening a credit card account at a young age? A. It helps people begin to accumulate debt. B. It allows people to defer their tax payments. C. It helps people begin to build a
Tamer Shlash
asked
Aug 20, 2023
386,632
views
34
votes
34
votes
What is the advantage of opening a credit card account at a young age?
A. It helps people begin to accumulate debt.
B. It allows people to defer their tax payments.
C. It helps people begin to build a credit history.
D. It allows people to take advantage of high interest rates.
Business
high-school
Tamer Shlash
asked
Aug 20, 2023
by
Tamer Shlash
2.8k
points
answer
comment
share this
share
0 Comments
Your comment on this question:
Email me at this address if a comment is added after mine:
Email me if a comment is added after mine
Privacy: Your email address will only be used for sending these notifications.
Add comment
Cancel
Your answer
Email me at this address if my answer is selected or commented on:
Email me if my answer is selected or commented on
Privacy: Your email address will only be used for sending these notifications.
Add answer
Cancel
2
Answers
20
votes
20
votes
The answer is C
Explanation: when you get a credit card at a young age, it helps your credit go up, so when your older you have good credit!
Dodge
answered
Aug 21, 2023
by
Dodge
3.2k
points
ask related question
comment
share this
0 Comments
Your comment on this answer:
Email me at this address if a comment is added after mine:
Email me if a comment is added after mine
Privacy: Your email address will only be used for sending these notifications.
Add comment
Cancel
13
votes
13
votes
Answer:
It helps people begin to build a credit history
Andrey Oshev
answered
Aug 27, 2023
by
Andrey Oshev
2.7k
points
ask related question
comment
share this
0 Comments
Your comment on this answer:
Email me at this address if a comment is added after mine:
Email me if a comment is added after mine
Privacy: Your email address will only be used for sending these notifications.
Add comment
Cancel
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
1.6m
questions
2.0m
answers
Other Questions
If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
If you buy a one-year bond for $4,000 and the issuer pays you back $5,000 at the end of one year, the interest rate on the bond is
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org