select the correct answer. credit cards and charge cards differ in two important ways. one is the method of…

select the correct answer. credit cards and charge cards differ in two important ways. one is the method of payment. what is the other difference? a. you can get a credit card from your bank but not a charge card. b. you have to pay interest on charge cards but not on credit cards. c. you have to pay interest on credit cards but not on charge cards.

select the correct answer. credit cards and charge cards differ in two important ways. one is the method of payment. what is the other difference? a. you can get a credit card from your bank but not a charge card. b. you have to pay interest on charge cards but not on credit cards. c. you have to pay interest on credit cards but not on charge cards.

Answer

Brief Explanations:

Charge - cards require full payment at the end of the billing cycle, so no interest is charged. Credit - cards allow for partial payments, and interest is charged on the remaining balance. Also, both can be obtained from banks.

Answer:

C. You have to pay interest on credit cards but not on charge cards.