Credit Card Statement Questions

The summary portion of Manny Ramira’s credit card statement is shown. Determine the new balance amount.

(a)  

Tags

CCSS.7.EE.B.3

Lizzy has a credit line of $9,000 on her credit card. Her summary is shown. What is her available credit balance?

(a)  

Tags

CCSS.7.NS.A.3

Determine the error that was made using the following summary statement.

• Added Payments/Credits

• Didn't include previous balance

• Subtracted Transactions

• No error

Tags

CCSS.7.NS.A.3

Marianne has a credit card with a line of credit at $15,000. She made the following purchases: $1,374.90, $266.21, 39.46, and $903.01. What is Marianne’s available credit?

• $12,416.42

• $13,416.42

• $14,416.42

• $15,000.00

Tags

CCSS.6.NS.B.3

Luke has a credit line of $8,500 on his credit card. He had a previous balance of $4,236.87 and made a $3,200.00 payment. The total of his purchases is $989.42. What is Luke’s available credit?

(a)  

Tags

CCSS.7.NS.A.3

The APR on Ramona’s credit card is currently 24.6%. What is the monthly periodic rate?

• 2.05%

• 2.10%

• 2.15%

• 2.20%

Tags

CCSS.7.RP.A.3

Sheila’s monthly periodic rate is 2.41%. What is her APR?

• 28.92%

• 24.12%

• 29.92%

• 26.92%

Examine the summary section of a monthly credit card statement. What is the new balance?

(a)  

Tags

CCSS.7.NS.A.3

Use the credit card statement to answer the questions below. How many purchases (debits) were made during the billing cycle?

• 2

• 5

• 8

• 10

Tags

CCSS.7.NS.A.1B

Use the credit card statement to answer the questions below. What is the sum of all purchases (debits) made during the billing cycle?

(a)  

Tags

CCSS.6.NS.B.3