Credit Card Statement Questions

What was the previous balance on the account?

• $4,543.36

• $3,956.38

• $628.58

• $5,456.64

How much were the payments and other credits?

• $0.00

• $67.40

• -$109.00

• $112.00

What is the total line of credit?

• $7,000.00

• $5,456.64

• $10,000.00

• $4,543.36

How much interest was charged on the account this month?

• $0.00

• $67.40

• $38.00

• $112.00

What is the minimum payment due?

• $165.00

• $38.00

• $112.00

• $67.40

What is the new balance total?

• $4,543.36

• $3,956.38

• $5,456.64

• $7,000.00

What is the late payment fee if the minimum payment is not received by the due date?

• $67.40

• $112.00

• $38.00

• $165.00

What is the payment due date?

• 01/08/2018

• 02/05/2018

• 12/31/2017

• 01/01/2018

If you make only the Total Minimum Payment each period, you will pay more in interest and it will take you longer to pay off your balance.

• TRUE

• FALSE

This credit card user is charging more than he/she is paying off and will end up in the same financial situation as Stacie Casey.

• TRUE

• FALSE