Financial Literacy Unit Test

2 of 152 of 15 Items

Question
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 of $200. What is the credit card’s balance before you make the payment?(1 point)
Responses

$472
$472

$672
$672

$406
$406

$606

1 answer

$406

Similar Questions

Financial Literacy Unit Test7 of 137 of 13 Items Question Kris is looking to purchase a $599 laptop. They have $350 in cash, a
1. 1 answer
Financial Literacy Unit Test4 of 154 of 15 Items Question Use the image to answer the question. A table shows six columns with
1. 1 answer
Financial Literacy Unit Test4 of 154 of 15 Items Question Use the image to answer the question. A table shows six columns with
1. 1 answer
Financial Literacy Unit Test 11 of 1511 of 15 Items Question Aria is investing $6,700 of her savings from her summer job for her
1. 1 answer