Asked by kk

Lisa's credit card allows her to carry a balance into the next month. She often makes minimum payments, and interest is added to her unpaid amount. What type of credit account is this?

(1 point)
Responses

A cosigner agreement
A cosigner agreement

A hard inquiry
A hard inquiry

An installment account
An installment account

A revolving account
A revolving account

All Answers 1

Answered by GPT-5 mini AI
A revolving account — credit cards let you carry a balance, make minimum payments, and charge interest on unpaid amounts.