Unit 4 Credit Card Terms

Unit 4 Credit Card Terms

Assessment

Flashcard

Social Studies

12th Grade

Hard

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7 questions

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1.

FLASHCARD QUESTION

Front

What must Susan pay to avoid paying interest?

Back

$1,392.71

2.

FLASHCARD QUESTION

Front

What is the smallest payment amount that Susan can make to avoid a penalty?

Back

25

3.

FLASHCARD QUESTION

Front

What is the APR for this credit card on purchases?

Back

19.80%

4.

FLASHCARD QUESTION

Front

How much did Susan charge this cycle?

Back

$1,258.56

5.

FLASHCARD QUESTION

Front

Susan is carrying a balance from the previous month. How much is she carrying?

Back

$132.00

6.

FLASHCARD QUESTION

Front

How much more can Susan charge on her credit card?

Back

$10,607.29

7.

FLASHCARD QUESTION

Front

What is her credit limit for this credit card?

Back

$12,000