a) Why might a card with a long grace period be in her best interest?
A long grace period means Delara can avoid interest for a longer time if she pays the balance in full by the due date each cycle, which helps her manage cash flow when income is tight.
b) If she will make only minimum payments and some of the payment goes to interest, what other factors matter most to Delara?
Important factors include the card’s annual percentage rate (APR) for purchases, any annual fee, and how long it takes to pay off a balance if she only pays the minimum. A lower APR reduces interest charges over time, a lack of annual fee keeps costs down, and a longer payoff time means more total interest even on small balances; prioritizing cards with low APR and no annual fee helps her budget more predictably.