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The Minimum Monthly Payment on a Credit Card Is

Question 66

Multiple Choice

The minimum monthly payment on a credit card is


A) The amount to be paid without paying interest.
B) The interest amount charged for the month.
C) The minimum to be paid to avoid any charges or fees.
D) The smallest amount you can pay and remain a borrower in good standing.
E) The amount needed to pay off the credit card in one year.

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