Ann's Credit Card Agreement

Ann's Credit Card Agreement

Assessment

Flashcard

Social Studies

12th Grade

Hard

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4 questions

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1.

FLASHCARD QUESTION

Front

How can Ann avoid paying interest? She can...

Back

pay the full balance in full

2.

FLASHCARD QUESTION

Front

Ann's minimum payment is $50. She only paid $25. What will happen?

Back

She will be charged interest and a $15 late fee.

3.

FLASHCARD QUESTION

Front

Ann's credit card bill is $20. She paid the balance in full 4 days late. What will happen?

Back

She will be charged interest and a $15 late fee.

4.

FLASHCARD QUESTION

Front

Ann's balance is $100. She paid the minimum payment of $35. She doesn't use her card again. What's her bill next month?

Back

$66.63