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O-LevelCommerceCredit7100/12 · Oct/Nov 2016 · Q101 Mark

Suleiman has received his credit card statement which contains the following information. [Figure 10.1] What is the best way for Suleiman to avoid paying any interest on his credit card?

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Apay $750 after 21 October
Bpay $2000 before 21 October
Cpay $2250 after 21 October
Dpay $2250 before 21 October

✓ Correct answer

D: pay $2250 before 21 October

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 2, question 10.

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