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Newest Credit cards Questions

1. Burt has an outstanding balance of $235.86 on his credit cardaccount. What is the finance charge for the month if it is
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   2. 24 views
2. which of the following is true of credit carsa. they generally charge 3% to 5% interest b. you cannot use them to buy something
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   2. 22 views
3. You make a purchase of $600 on a new credit card with a yearly interest rate of 12%. You make a large payment for first month of
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   2. 25 views
4. Rachel is purchasing a new camera that costs $1400. Rachel uses a credit card that has an APR of 18.11 % . How much will she pay
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   2. asked by College Student
   3. 41 views
5. When Ahmed got his first credit card, his mother offered a little advice about avoiding highinterest payments. What did she MOST
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   2. 54 views
6. Talia buys an outfit for $132.00 using her credit card. When she pays her credit card off after a month and a half, or 46 days
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   2. 34 views
7. Addie recently bought a new phone. She was taking a photo of her sister when she dropped the phone in the pool. The company that
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   2. 33 views
8. Which sentence best describes using a credit card to pay for something?A: You pay for the purchase later B: You pay for the
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   2. 30 views
9. What are some advantages of using credit cards? Select 2 that apply. (2 points) Responses little to no interest on money owed
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   2. 24 views
10. Credit Card Interest Rate (APR) Balance Credit Limit MarkedUp 9.65% $458.90 $1,500.00 Cred 8.8% $2,249.80 $2,500.00 BankLine
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    2. 22 views
11. You owe $2,875.59 on a credit card at a 13.7% APR. If you pay $400.00/month, what is the difference in the amount of interest
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    2. 41 views
12. you owe $848.42 on a credit card at a 12.75% apr the minimum payment of $50how much do you save in interest by paying at the
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    2. asked by Kshultz32
    3. 44 views
13. you owe 848.42 on a credit card at a 12.75% apr the mininum payment of 50 how much goes towards the principial if you make the
    1. 1 answer
    2. asked by Kshultz32
    3. 48 views
14. you owe 848.42 on a credit card at a 12.75% apr the mininumif you paid the 50 at the beginning of the month to decrease the
    1. 1 answer
    2. asked by Kshultz32
    3. 46 views
15. you owe 848.42 on a credit card at a 12.75% apr the mininum is 50.00 how much goes toward principal if you make the minimun
    1. 1 answer
    2. asked by Kshultz32
    3. 45 views
16. What are some advantages of using credit cards? Select all that apply.(2 points) Responses little to no interest on money owed
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    2. 37 views
17. What are some advantages of using credit cards? Select all that apply.(2 points) Responses little to no interest on money owed
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    2. 59 views
18. What are some advantages of using credit cards? Select all that apply.(2 points) little to no interest on money owed allows you
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    2. asked by MaryMartha Boucher
    3. 27 views
19. What are some advantages of using credit cards? Select all that apply.(2 points)Responseslittle to no interest on money
    1. 3 answers
    2. asked by dee
    3. 28 views
20. credit cards practice unit 8 lesson 3
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    2. 41 views
21. You make an $800 purchase on a new credit card that has a monthly interest rate of 1.5%. You receive your first credit card
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    2. 93 views
22. You make a purchase of $600 on a new credit card with a yearly interest rate of 12%. You make a large payment your first month
    1. 9 answers
    2. asked by GorillasR2cute!
    3. 142 views
23. You make a purchase of $600 on a new credit card with a yearly interest rate of 12%. You make a large payment your first month
    1. 3 answers
    2. asked by Tiktok@typically_jlyn🎧🫠
    3. 66 views
24. Credit Cards Quick Check4 of 54 of 5 Items Question You and your friend go to the store to buy a new set of headphones when they
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    2. asked by s
    3. 75 views
25. How many credit cards should you start with if you are trying to create good credit?
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    2. asked by JavierAsksAQuestion
    3. 53 views
26. What are the benefits of a credit card
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    2. 25 views
27. You have a balance of $400 on a credit card with a monthly interest rate of 1.75%. How much interest will be charged when it is
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    2. asked by JavierAsksAQuestion
    3. 72 views
28. Use the image to answer the question.A diagram shows the two sides of a card, one labeled the front and the other labeled the
    1. 1 answer
    2. asked by JavierAsksAQuestion
    3. 66 views
29. Ji-woo has a new credit card. She wants to use it for online shopping. What are three things that make this a poor choice?
    1. 1 answer
    2. asked by yamotha
    3. 36 views
30. Ji-hoon has a credit card with a $500 limit. He wants to buy a fitness tracker. The total will come to $475. Should he charge
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    2. asked by yamotha
    3. 44 views
31. Can consumers avoid paying interest on credit cards?A.Can consumers avoid paying interest on credit cards? B.No, using credit
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    2. 40 views
32. You have a balance of $400 on a credit card with a monthly interest rate of 1.75%. How much interest will be charged when it is
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    2. asked by ur mom
    3. 35 views
33. what is one way that paying more than the minimum payment on a debt card could end up being a bad thing?
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    2. 32 views
34. Which of these credit card purchases would charge the most interest?(1 point)Responses a $225 purchase with a monthly interest
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    2. asked by SoleGazelle3623
    3. 60 views
35. Credit Cards Quick Check1 of 51 of 5 Items Question Which of these credit card purchases would charge the most interest?(1
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    2. asked by SoleGazelle3623
    3. 94 views
36. Which of these credit card purchases would charge the most interest?(1 point) Responses a $150 purchase with a monthly interest
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    2. asked by G
    3. 94 views
37. You make an $800 purchase on a new credit card that has a monthly interest rate of 1.5%. You receive your first credit card
    1. 1 answer
    2. asked by G
    3. 162 views
38. which of the following is true of credit cardS?A. you cannot use them to buy something that costs more money that you habe in
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    2. 20 views
39. You owe $958.62 on a credit card at a 9.7% APR. The minimum payment is $105.00. How much goes toward principal if you make the
    1. 1 answer
    2. asked by donal
    3. 44 views
40. Antoine applied for a credit card. The bank offers him a very low line of credit and a high interest rate. He has some savings
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    2. asked by quick check
    3. 47 views
41. Can consumers avoid paying interest on credit cards? (1 point) ResponsesA. Yes, if they pay the balance off immediately. B. No,
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    2. asked by quick check
    3. 101 views
42. Paying only the minimum payment is smart.A. True B. False
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    2. asked by nobody
    3. 45 views
43. bank of America visaannual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late
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    2. 41 views
44. discoverannual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late payment fee) -
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    2. 40 views
45. Damian has a balance of $10,200 on his credit card. He threw the card away so he can never use it again. He has 3.5 years to pay
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    2. 26 views
46. You owe $1,534.09 on a credit card that has an interest rate of 15.7% APR. You decide to put $250.00 into a savings account
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    2. asked by donal
    3. 45 views
47. Secured UnsecuredCredit APR APR Excellent 4.75% 5.50% Good 5.00% 5.90% Average 5.85% 6.75% Fair 6.40% 7.25% Poor 7.50% 8.40% Use
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    2. 102 views
48. Blank would be a reasonable late fee for a late credit card payment
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    2. 54 views
49. If you insist on having credit card debt and a savings account, you should have ____.(1 point) Responses the credit card paid
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    2. 110 views
50. If you insist on having credit card debt and a savings account, you should have ____.(1 point) Responses the credit card paid
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    2. 79 views
51. Using the credit card information from Problem 3, you decide to pay $300.00 instead of $150.00 at the beginning of the month.
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    2. 102 views
52. Round to the nearest penny.You owe $1,350.00 on a credit card with a 14.25% APR. You pay $300.00 at the beginning of the month.
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    2. 61 views
53. Can consumers avoid paying interest on credit cards?A. • Yes, if they pay the balance off immediately. B. • No, using credit
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    2. 61 views
54. Antoine applied for a credit card. The bank offers him a very low line of credit and a high interest rate. He has some savings
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    2. 111 views
55. Rank the credit cards from best to worst from a borrower's perspective based on the APR:Credit Card A – 10% APR Credit Card B
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    2. 121 views
56. Which is true about credit card repayment?- You must pay the balance in full each month or the bank will take the card away. -
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    2. 60 views
57. 3) Thomas lives in Quebec and Concordia was his first-choice university where he started in January of this year. He is looking
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    2. 29 views
58. Your credit card has a balance of ​$2800 and an annual interest rate of 12​%. You decide to pay off the balance over three
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    2. 50 views
59. What is the best strategy to avoid paying interest on your credit cards?Question 4 options: Pay the minimum balance each month
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    2. 46 views
60. A credit card has a 24 percent annual interest rate (2 percent monthly), a $5,000 balance, and a monthly minimum payment of
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    2. 54 views
61. Which of the following is true of credit cards?A. When you use them, you never really know how much you owe. B. They generally
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    2. asked by bob
    3. 38 views
62. Which is true about credit card repayment?(1 point)Responses You must pay the balance in full each month or the APR will go up.
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    2. 45 views
63. Your credit card has a balance of ​$5600 and an annual interest rate of 14​%. You decide to pay off the balance over two
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    2. 51 views
64. What is an advantage of using a credit card?(1 point) Responses It will not affect your credit score or credit history It will
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    2. 101 views
65. 1 of 1What is an advantage of using a credit card? (1 point) It will not affect your credit score or credit history Since it is
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    2. 52 views
66. Antoine applied for a credit card. The bank offers him a very low line of credit and a high interest rate. He has some savings
    1. 1 answer
    2. 136 views
67. Can consumers avoid paying interest on credit cards?A. Yes, if they pay the balance off immediately. B. No, using credit cards
    1. 1 answer
    2. 55 views
68. Costs of Borrowing Money Quick Check4 of 54 of 5 Items Question What is a credit card’s grace period?(1 point) Responses It is
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    2. 52 views
69. What is a credit card’s grace period?(1 point) Responses It is the amount of time between the bill being issued and your
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    2. 50 views
70. What is the problem with paying only your minimum credit card balance each month?Question 10 options: It lowers your credit
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    2. 101 views
71. Credit cards issued by some entities are a type of revolving credit account that can only be used under certain conditions. What
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    2. 43 views
72. What is the difference between a charge card and a credit card?(1 point)Responses A charge card has zero interest while a credit
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    2. 51 views
73. Which of the following is true of credit cards?- you cannot use them to buy something that costs more money that you have in the
    1. 1 answer
    2. 57 views
74. Suppose you have a credit card with an 20.4% annual interest rate, and the statement balance for the month is $8,600. Suppose
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    2. 93 views
75. A Schumer box lists the main information about a credit card, such as its APR, grace period, and minimum payment.What is meant
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    2. 75 views
76. You have a credit card with a balance of $ 1 , 367.90 at a 9.5 % apr. You pay $ 400.00 each month on the due date until the card
    1. 1 answer
    2. asked by sheep
    3. 97 views
77. You have $1,998.00 on a credit card with a 14.5% APR. You miss your minimum payment the first month and there is a late fee of
    1. 3 answers
    2. asked by sheep
    3. 66 views
78. Alexandria earns $58,000 per year. Her monthly expenses excluding entertainment and her credit cards are $2,000. Her credit card
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    2. 65 views
79. Chantal has an outstanding balance of $245.42 on a credit card. The minimum monthly payment is 12% or $20.00, whichever is more.
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    2. 57 views
80. Jemima makes $1050.00 worth of purchases on her credit card. If the credit card charges 21% annual interest, how much interest
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    2. 59 views
81. Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a
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    2. 55 views
82. has a credit card with a $6,000 limit she charges $750 every month for clothes but she can only pay back $300 a month how many
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    2. 37 views
83. Family has a credit card with a $6,000 limit she charges $7.50 every month for clothes but she can only pay back $300 a month
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    2. 85 views
84. Use the table to answer the question.You have two credit cards. One has a balance of $1,675.00 at a 9.75% APR and the other has
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    2. 32 views
85. When Ahmed got his first credit card, his mother offered a little advice about avoiding high interest payments. What did she
    1. 1 answer
    2. 77 views
86. Which of the following is true about credit cards?You cannot use them to buy something that cost more money that you have in the
    1. 1 answer
    2. 50 views
87. Eddie has a credit card on which he makes monthly payments and tries not to carry a balance. What kind of credit is this? Select
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    2. 65 views
88. Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a
    1. 3 answers
    2. asked by bob
    3. 59 views
89. Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a
    1. 1 answer
    2. 127 views
90. Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a
    1. 1 answer
    2. 42 views
91. Determine the cost of credit for a 2-year, $5,000 credit card loan with a monthly payment of $257.67, which corresponds to a
    1. 1 answer
    2. 58 views
92. chanille has a credit card with a $6,000 limit. she charges $750 every month for clothes, but she can only pay back $300 a
    1. 1 answer
    2. 75 views
93. Chanille has a credit card with a $6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a
    1. 1 answer
    2. 62 views
94. Chanille has a credit card with a 6,000 limit. She charges $750 every month for clothes, but she can only pay back $300 a month.
    1. 1 answer
    2. asked by .
    3. 57 views
95. Which of these factors should consumers research FIRST when they receive a credit card offer with a low introductory rate?Respon
    1. 1 answer
    2. 45 views
96. List three pieces of information in a credit card agreement that you believe are important to review before signing up for a
    1. 1 answer
    2. asked by tava
    3. 76 views
97. You start with a balance of $2,065.00 on a credit card at a 17.25% APR. If you have made no payments for 5 months, what is the
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    2. 72 views
98. You have a balance of $1,678.00 on a credit card with a 15.75% APR. How much interest is accrued if you pay nothing on the
    1. 1 answer
    2. 52 views
99. Victor will start paying off his credit card in January. He uses the function f(x)=−35x+2,500 to model the amount of money he
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    2. 246 views
100. Kendra’s credit card is stolen. She calls the credit card company to report it and the company says there are three large
     1. 1 answer
     2. 127 views