Question: Which best describes a grace period? Select the correct answer below: The amount of time given to pay any balance in full before interest is
Which best describes a grace period?
Select the correct answer below:
The amount of time given to pay any balance in full before interest is applied to the credit card balance.
The minimum payment to be made for a billing cycle on a credit card.
The length of time for each bill payment on a credit card.
An incentive program to encourage credit card usage.
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