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Interest begins accruing on a _____ the day of the transaction.

Acash advance
Bcharge card
Ccredit card
Dpurchase

A _____ is when a payment is credited to an account.

Adue date
Bposting date
Ctransaction date
Dpayment date

Verified Answer :

Interest begins accruing on a __ cash advance ___ the day of the transaction
.As interest is the
money that is  paid regularly at a particular rate for the use of money lent
A __posting date___ is when a payment is credited to an account. 
its the date at which money is being transected from bank
so correct option is B
hope it helps

       The answers are the following:

1.  when the Interest begins accruing on a cash advance the day of the transaction Interest is the amount of percentage of the money that should be paid by the debtor per period.

2. When A posting date is when a payment is credited to an account. also, It is the date at which money is being transected from the bank.

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