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At the end of the month, Greta checked her credit card statement. She had no balance remaining from last month, but she made $65.50\$65.50 in purchases this month. She decided to pay the full balance of $65.50\$65.50 even though the minimum payment due was $30\$30. Which statement is true?\newlineChoices:\newline(A)Since Greta used her credit card for these purchases, she will have to pay interest on them next month.\newline(B)Since Greta paid off her entire balance, she will not have to pay any interest next month.

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Q. At the end of the month, Greta checked her credit card statement. She had no balance remaining from last month, but she made $65.50\$65.50 in purchases this month. She decided to pay the full balance of $65.50\$65.50 even though the minimum payment due was $30\$30. Which statement is true?\newlineChoices:\newline(A)Since Greta used her credit card for these purchases, she will have to pay interest on them next month.\newline(B)Since Greta paid off her entire balance, she will not have to pay any interest next month.
  1. Check Credit Card Statement: Greta's credit card statement shows no previous balance and $65.50\$65.50 in new charges. She decides to pay the full amount of $65.50\$65.50.
  2. Pay Full Amount: Since Greta paid the full balance of $65.50\$65.50, which is equal to the total charges for the month, she will not carry over any balance to the next month.
  3. Avoid Interest Charges: If there is no balance carried over, no interest will be charged. Credit cards typically charge interest on carried-over balances, not on balances that are paid in full.

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