Determine whether the following statement makes sense or does not make sense, and explain your reasoning. The balance due on my credit card from last month to this month increase even though I made no new purchases. Choose the correct answer below. O A. The statement does not make sense. Because no new purchases were made, the average daily balance would remain unchanged, so there would be no change in the balance due, O B. The statement does not make sense. Because no new purchases were made, the credit card was unused for that month, which means its balance due cannot change. O C. The statement makes sense. The balance due on a credit card always increases, even if no new purchases are maded. O D. The statement makes sense. The interest charges from the previous month would add to the average daily balance, which would increase the balance due.
Determine whether the following statement makes sense or does not make sense, and explain your reasoning. The balance due on my credit card from last month to this month increase even though I made no new purchases. Choose the correct answer below. O A. The statement does not make sense. Because no new purchases were made, the average daily balance would remain unchanged, so there would be no change in the balance due, O B. The statement does not make sense. Because no new purchases were made, the credit card was unused for that month, which means its balance due cannot change. O C. The statement makes sense. The balance due on a credit card always increases, even if no new purchases are maded. O D. The statement makes sense. The interest charges from the previous month would add to the average daily balance, which would increase the balance due.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Related questions
Topic Video
Question
Need an understanding

Transcribed Image Text:Determine whether the following statement makes sense or does not make sense, and explain your reasoning.
The balance due on my credit card from last month to this month increase even though I made no new purchases.
Choose the correct answer below.
O A. The statement does not make sense. Because no new purchases were made, the average daily balance would remain unchanged, so there would be no
change in the balance due,
O B. The statement does not make sense. Because no new purchases were made, the credit card was unused for that month, which means its balance due cannot
change.
O C. The statement makes sense. The balance due on a credit card always increases, even if no new purchases are maded.
O D. The statement makes sense. The interest charges from the previous month would add to the average daily balance, which would increase the balance due.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.Recommended textbooks for you

Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON

Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning

Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning

Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON

Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning

Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning

Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON

Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press

College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education