What is an example of a revolving account 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Works at Amazon, Lives in Seattle. Graduated from University of Washington with a degree in Business Administration.
If the balance is not paid in full by the end of a monthly billing period, the remaining balance will roll over or "revolve" into the next month. Interest will be charged on that amount and added to the balance. The most common example of a revolving account is a credit card.
2023-05-08 09:37:54
评论(499)
Helpful(122)
Helpful
Helpful(2)

Harper Perez
QuesHub.com delivers expert answers and knowledge to you.
If the balance is not paid in full by the end of a monthly billing period, the remaining balance will roll over or "revolve" into the next month. Interest will be charged on that amount and added to the balance. The most common example of a revolving account is a credit card.