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Credit Cards

Authored by Mbulwa Musyoki

Mathematics

9th - 12th Grade

Used 18+ times

Credit Cards
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6 questions

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1.

MATH RESPONSE QUESTION

2 mins • 10 pts

Bryan had these daily balances on his credit card for his last billing period.

nine days @ $778.12

eight days at $1876

four days @ $2112.50

ten days @ $ 1544.31

What is the average daily balance?

Mathematical Equivalence

ON

2.

MATH RESPONSE QUESTION

2 mins • 10 pts

Ms. M's daily balances for the past billing period are given below.

five days @ $233.49

nine days @ $991.08

seven days @ $778.25

three days @ $651.11

seven days @ $770

Find Ms. M's average daily balance. Round to the nearest cent.

Mathematical Equivalence

ON

3.

MATH RESPONSE QUESTION

2 mins • 10 pts

Amberlin had these daily balances on her credit card.

six days @ $341.22

three days @ $2,122.23

ten days @ $987.45

eleven days @ $2,310.10

What is the average daily balance?

Mathematical Equivalence

ON

4.

MATH RESPONSE QUESTION

2 mins • 6 pts

The average balance for Jaime's credit card statement was $1,213.44. The APR rate is 20.4%. What is the finance charge?

Mathematical Equivalence

ON

5.

MATH RESPONSE QUESTION

2 mins • 2 pts

Jocelin was given a card with an APR rate of 16.2%. What is her monthly percentage rate?

Mathematical Equivalence

ON

6.

MATH RESPONSE QUESTION

2 mins • 1 pt

Josue's average daily balance is $1377.85. His APR rate is 15.4%. What is his finance charge?

Mathematical Equivalence

ON

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