Question

Choose the fragment which best completes the following sentence. The billing cycle of a credit card is the time period

between your last payment and your current payment

between your last closing date and your current closing date

when you can make a payment without owing late charges

when you can pay off your balance without owing any interest

Answer 1

Considering each one:
"between your last payment and your current payment" - When you choose make payments is not directly related to your billing cycle.

"between your last closing date and your current closing date" - I assume they are talking about the closing dates being the end of the billing cycle. If so, this answer makes sense since these are the dates that end one billing cycle and start another.

"when you can make a payment without owing late charges" - Maybe...but if you owe late charges from the last billing cycle you'll still own them in this billing cycle. So this one is not 100% correct in my mind.

"when you can pay off your balance without owing any interest" - This one depends on the credit card agreement. Some cards allow you to pay off your balance each month without incurring interest as long as you don't carry over a balance from one billing cycle to the next.

I believe the best option is b.

Answer 2

I was stuck between a and b so I wasn't sure. Thanks

Answer 3

Np...I hope it's right. You never know what the teacher will consider the "best answer" when more than one could be considered correct ;)