BUSN 5200 F2 2022: When you get your credit card bill, it will offer a minimum payment, which:

Posted: December 24th, 2022

When you get your credit card bill, it will offer a minimum payment, which:

usually only pays the principal and a small amount of accrued interest.

 

usually only pays the principal and no accrued interest.

 

usually only pays the accrued interest and a small amount of principal.

 

usually only pays the accrued interest and no principal.