Question

question 1 (12.5 points)
your friend maria is generally satisfied with her earnings, but her income is not
steady. some months she earns more, while other months she works fewer hours
and earns less. maria has decided to apply for a credit card to help with her cash flow
and larger purchases. maria wants a credit card with a lower interest rate and lower
fees. what type of credit card would you recommend?
a) charge card
b) bank-issued credit card
c) store-issued credit card
question 2 (12.5 points)
view the information in this side by side credit card comparison to help maria chose
a credit card.

Explanation:

Charge cards require full monthly balance repayment, which is not ideal for variable income. Store-issued cards typically have higher interest rates and limited use. Bank-issued credit cards often offer lower interest rates, fewer fees, and flexible repayment options that fit variable cash flow needs.

Answer:

b) Bank-issued credit card