Credit card payment terms how many interest-free days will, Financial Management

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Credit card payment terms how many interest-free days will

Credit Card Payment Terms. Paul's credit card closes on the 3rd of the month, and his payment is due on the 30th. If Paul purchases a stereo for $300 on June 12th, how many interest-free days will he have? When will he have to pay for the stereo in full in order to avoid finance charges?

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