What term describes the amount you must pay in order to be considered “up-to-date” with your credit card payments?

Closing balance

Minimum payment

APR

Interest rate

The correct answer is letter "B": Minimum payment.

Explanation:

A credit card statement minimum payment reflects the least amount a cardholder should pay not to be considered as falling behind. However, as the amount paid is low, it increases the time of the loan and the interest. Thus, the more the cardholder pays on the debt on a regular basis, the fastest the loan will be paid off.

the correct option is c

answer; no individual buyer or seller has any significant impact on the market price;