Which of the Following Is True of the Minimum Monthly

Multiple Choice

Which of the following is true of the minimum monthly payment on a credit card?

A) It is the largest amount you can pay and still be a cardholder in good standing.
B) It is not required to be listed as a warning on your monthly credit card statement.
C) It refers to the maximum payment amount due from a cardholder.
D) It is a financial trap.
E) It refers to the total amount that a cardholder owes.