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Credit cards
Page 8
Questions (451)
What is the best strategy to avoid paying interest on your credit cards?
Question 4 options: Pay the minimum balance each month
1 answer
asked anonymously
17 views
Your credit card has a balance of $2800 and an annual interest rate of 12%. You decide to pay off the balance over three
1 answer
asked anonymously
19 views
3) Thomas lives in Quebec and Concordia was his first-choice university where he started in January of this year. He is looking
1 answer
asked anonymously
10 views
Credit cards that offer flashy rewards like airline miles often . . .
Group of answer choices Can't be used for personal expenses
1 answer
asked anonymously
10 views
Which is true about credit card repayment?
- You must pay the balance in full each month or the bank will take the card away. -
1 answer
asked anonymously
21 views
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
1 answer
asked anonymously
48 views
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 answer
asked anonymously
45 views
What advantage do credit cards from banks have over proprietary credit cards?
A. • Bank credit cards can be used at many
1 answer
asked anonymously
27 views
Can consumers avoid paying interest on credit cards?
A. • Yes, if they pay the balance off immediately. B. • No, using credit
1 answer
asked anonymously
18 views
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
1 answer
asked by
Indiana Thier
27 views
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
1 answer
asked by
anonymous
23 views
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.
1 answer
asked anonymously
26 views
Using the credit card information from Problem 3, you decide to pay $300.00 instead of $150.00 at the beginning of the month.
1 answer
asked anonymously
27 views
If you insist on having credit card debt and a savings account, you should have ____.
(1 point) Responses the credit card paid
1 answer
asked anonymously
33 views
If you insist on having credit card debt and a savings account, you should have ____.
(1 point) Responses the credit card paid
1 answer
asked anonymously
40 views
Blank would be a reasonable late fee for a late credit card payment
1 answer
asked anonymously
18 views
Secured Unsecured
Credit 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
1 answer
asked anonymously
40 views
A credit card company offers an annual 2% cash-back rebate on all gasoline purchases. If a family spent $5,450 on gasoline
1 answer
asked by
math
18 views
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
1 answer
asked by
donal
15 views
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
1 answer
asked anonymously
10 views
Amazon Visa
annual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late payment fee)
1 answer
asked anonymously
13 views
discover
annual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late payment fee) -
1 answer
asked anonymously
13 views
chase Sapphire visa
annual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late
1 answer
asked anonymously
14 views
bank of America visa
annual fee - APR rate - bonus and rewards - fees ( e.g ,cash advance fee, foreign transaction fee, late
3 answers
asked anonymously
13 views
how do credit card companies make money?
If I pay my balance in full at the end of each month, say its $3,000 on average each
1 answer
asked anonymously
10 views
Which sentence best describes using a credit card to pay for something?
1 answer
asked anonymously
14 views
Credit limit means how much you can spend on your credit card.
A. True B. False
1 answer
asked by
nobody
14 views
Paying only the minimum payment is smart.
A. True B. False
1 answer
asked by
nobody
18 views
What advantage do credit cards from banks have over proprietary credit cards? (1 point) Responses
A. Bank credit cards can be
1 answer
asked by
quick check
25 views
Can consumers avoid paying interest on credit cards? (1 point) Responses
A. Yes, if they pay the balance off immediately. B. No,
1 answer
asked by
quick check
33 views
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 answer
asked by
quick check
9 views
Which of the following is
true of store credit cards? (1 point) They are cobranded with Visa, MasterCard, or American Express.
1 answer
asked anonymously
9 views
Sarah applied for a card at her favorite clothing store and it can only be used for purchases at that store. What type of credit
1 answer
asked anonymously
14 views
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 answer
asked by
donal
8 views
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
1 answer
asked anonymously
6 views
which of the following is true of store credit cards?
A. they are co-branded with visa, mastercard, or american express. B. you
1 answer
asked anonymously
6 views
For questions 3–4, you will be answering by filling in the blanks. Please be aware that your answer must include any commas or
3 answers
asked by
donal
9 views
On 1 June Helena buys a jacket, costing K148, using her credit card. Her credit card has a 25-day interest-free period and her
9 answers
asked anonymously
14 views
Which of these credit card purchases would charge the most interest?(1 point)
1 answer
asked by
SoleGazelle3623
24 views
Which of these credit card purchases would charge the most interest?(1 point)
Responses a $225 purchase with a monthly interest
1 answer
asked by
SoleGazelle3623
14 views
Credit limit means how much you can spend on your credit card.
Responses True True False
1 answer
asked anonymously
9 views
what is one way that paying more than the minimum payment on a debt card could end up being a bad thing?
1 answer
asked anonymously
7 views
4 of 64 of 6 Items Question What are some advantages of using credit cards? Select all that apply. (2 points) Responses little
1 answer
asked by
Elijah Ford
37 views
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
1 answer
asked by
ur mom
5 views
Can consumers avoid paying interest on credit cards?
A.Can consumers avoid paying interest on credit cards? B.No, using credit
1 answer
asked anonymously
6 views
What advantage do credit cards from banks have over proprietary credit cards?
A.Bank credit cards can be used at many businesses.
1 answer
asked anonymously
17 views
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
1 answer
asked by
yamotha
3 views
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 answer
asked by
yamotha
4 views
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 answer
asked by
JavierAsksAQuestion
17 views
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
1 answer
asked by
JavierAsksAQuestion
9 views
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Parent Categories (25)
Banking
Banking and Finance
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Banks.
Business
College Students
Consumer Finance
Credit
Credit and Debt
Education
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Finance/Personal Finance
Financial Conversations
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Financial Literacy
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Managing Debt
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Personal Finance
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Personal Finances
Personal Financial Management