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# Credit and Debit Cards

Viva Kub

Lvl 10
2021-10-06 18:34:03
5.0
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Cards in this guide (22)
How many miles do Americans drive per day

6

What institution insures individual banking accounts

minimum check-writing fee

Which of these is the best description of fixed expenses

the budget items that do not vary from month to month.

Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59

463.72

Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay

17.41

How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years

110082.80

Sam is a chef He has a savings account of 500 and car worth 7.569 he owes 450.23 on his new stereo Calculate Sam net worth

Assets + Savings - Debt = Net Worth

\$7569 + \$500 − \$450.23 = \$7618.77

What is the difference between greenhouse gas and ozone

Greenhouse gases cause greenhouse effect. Ozone is a greenhouse gas.

Which of these can occur when a person owes more money than he or she can earn or pay to creditors

Bankruptcy.

Which type of interest rate remains the same throughout the length of the loan

fixed

What methods has the highest finance charge

Charging the previous balance

Which of these is not a way in which credit card companies assess finance charges

some place a fee on the average yearly balance . ( A+ )

Which type of insurance contract requires a lump sum or periodic payment in exchange for receiving periodic payments from the insurance company

As you have described it, this sounds very similar to an annuity.

What statement about the federal reserve system is not true

It is responsible for FDIC

What is a type of fee that a credit card company might charge

credit limit fee

If nancy pays her bank 465.23 a month for 48 months how much will she have paid on her installment loan-

If Nancy pays her bank 465.23 a month for 48 months, the amount paid on every installment would be 116.3075/n where n is the amount.

This is the Reed family budget. How much discretionary income does the family have each month

474

Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.

14.4 %. A+

If Cameron has a 21 annual interest rate on his credit card what is his monthly interest rateAsk us anything

1.75%. A+

What suggestions will not help you maintain good credit

Create and follow a monthly budget.

When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities

Divide the utility expense by the monthly budget. Multiply the result by 100.

How is a finance charge calculated

multiply the unpaid balance by the monthly interest-rate

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