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tyler is using a credit card to purchase a television. which of the fol…

Question

tyler is using a credit card to purchase a television. which of the following should tyler expect? check all that apply.
□ to have the full amount available in his bank account right away
□ to receive a bill at a later date
□ to be able to pay for it over time
□ to write a check
□ to pay interest if he does not pay in full by a certain date

Explanation:

Brief Explanations
  • "to have the full amount available in his bank account right away": Credit card purchases don't require the full amount in the bank account immediately, so this is incorrect.
  • "to receive a bill at a later date": Credit card companies send bills for purchases at a later date, so this is correct.
  • "to be able to pay for it over time": Credit cards allow paying the balance over time (with interest if not paid in full), so this is correct.
  • "to write a check": Using a credit card doesn't involve writing a check, so this is incorrect.
  • "to pay interest if he does not pay in full by a certain date": Credit cards charge interest on unpaid balances after the grace period, so this is correct.

Answer:

  • to receive a bill at a later date
  • to be able to pay for it over time
  • to pay interest if he does not pay in full by a certain date