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William Uses His Bank Credit Card Frequently; However,he Always Pays

Question 69

Multiple Choice

William uses his bank credit card frequently; however,he always pays off the total outstanding balance on the card each month.What should William look for in a credit card given the way he uses one?


A) A low annual fee and a short grace period
B) A low annual fee and a low interest rate
C) No annual fee and a short grace period
D) No annual fee and a long grace period
E) A high annual fee and a low interest rate

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