1.
Charge cards _____. (1 point)

have the same amount due each month
must have their balances paid in full each month
are another name for a credit card
can be used in more places than credit cards

2.
You should always pay more than the _____. (1 point)

available balance
bad debt
minimum due
penalty

3.
You have $2,675.00 on a credit card with a 15.75% APR. You miss your minimum payment and there is a late fee of $29.00. How much is your balance at the beginning of the second month? (1 point)

$2,814.31
$2,739.11
$3,125.31
$2,710.11

Question

1.  
Charge cards _____.  (1 point)

have the same amount due each month
    must have their balances paid in full each month
    are another name for a credit card
    can be used in more places than credit cards

2.  
You should always pay more than the _____.  (1 point)

available balance
    bad debt
    minimum due
    penalty

3.  
You have $2,675.00 on a credit card with a 15.75% APR. You miss your minimum payment and there is a late fee of $29.00. How much is your balance at the beginning of the second month?  (1 point)

$2,814.31
    $2,739.11
    $3,125.31
    $2,710.11

anonymous · Answer

1 b. must have their balances paid in full each month
2 c. minimum due
3 b. $2,739.11

camzzzie · Answer

4.$1722.56