M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell

Exercise 54

If consumers do not pay off their entire credit card balance, they will

A. have to pay interest on the total paid and unpaid amount.

B. receive interest on the paid amount.

C. have to pay interest on the unpaid amount.

D. get a rebate from the card issuer.

E. have the purchased goods repossessed.