Your due date is at least 25 days after the end of the billing cycle. We will not charge you interest on new purchases provided that you
have paid your previous balance in full by the due date each month." Identify the
true statement.

If you make the minimum payment on your card within the 25 day period, the credit
card company will not charge you interest
If you pay your previous balance in full after the due date, the credit card company will
not charge you interest
If you make your credit card payment before the due date, you will be charged interest
regardless of the amount of your payment
The 25 days after the end of the billing cycle is referred to as the grace period