Under the two-cycle average daily balance method for computing interest,
A)
there is a two-month grace period before any interest is owed on the unpaid balance.
B)
you will always pay more interest than under the one-cycle daily balance method.
C)
consumers who have a permanent unpaid balance will pay more interest than under the one-cycle daily balance method.
D)
a grace period applied in a previous month is eliminated if you fail to completely pay off the balance in the present month.
D
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Fill in the blank(s) with the appropriate word(s).
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