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

The correct answer is B, C, D.

B. To receive bill at a later date.

C. To be able to pay for it over time.

D. To write a check to pay interest if he doesn't pay in full by a certain date.

Credit card is termed as a payment card which is being issued to users to pay for merchant goods and services.

A bank grants credit line to cardholder and it also creates revolving account. Credit card charge card are different because in charge card the amount of balance is paid in full every month.

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 doesn't pay in full by a certain date.

A credit card holder can use his card to pay for purchases on credit. The dollar value of purchases is determined by the credit limit of a card. The credit limit refers to the maximum amount of money a person can spend using one particular credit card.

A credit card holder will usually receive a bill for all his purchases using the card once a month.

Once, he receives the bill, he will have some grace period. If he pays within the grace period, he doesn't have to pay any interest on the amount outstanding. If he doesn't he will have to pay the entire outstanding amount along with the interest.

answer; capital structure decision;

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