Question 8 What should I do if I cannot pay off my credit card bill in full? Choose the correct answer: OA. I should skip the payment and pay it in full next month. OB. I should not worry about it. I can pay it in full next month. I should at least make the minimum payment, but should make the biggest OC. payment I can afford. OD. I should talk to a loan shark and borrow the money until the next pay day.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 8
What should I do if I cannot pay off my credit card bill in full? Choose the correct
answer:
OA. I should skip the payment and pay it in full next month.
O B. I should not worry about it. I can pay it in full next month.
I should at least make the minimum payment, but should make the biggest
OC.
payment I can afford.
O D. I should talk to a loan shark and borrow the money until the next pay day.
Question 9
Save and Quit pably get my first credit card from the same institution that has
my checking anu/or savings account?
DELL
$
%
2
3
4
W
Transcribed Image Text:Question 8 What should I do if I cannot pay off my credit card bill in full? Choose the correct answer: OA. I should skip the payment and pay it in full next month. O B. I should not worry about it. I can pay it in full next month. I should at least make the minimum payment, but should make the biggest OC. payment I can afford. O D. I should talk to a loan shark and borrow the money until the next pay day. Question 9 Save and Quit pably get my first credit card from the same institution that has my checking anu/or savings account? DELL $ % 2 3 4 W
Question 16
The interest rate a credit card company gives you when you first get your credit
card can never be changed, even if your credit gets ruined and you don't make
your credit card payments on time.
True.
False.
Question 17
Save and Quit
credit card I can get from a company regardless of terms and
conditions.
DELL
$
%
5
e
%# m
Transcribed Image Text:Question 16 The interest rate a credit card company gives you when you first get your credit card can never be changed, even if your credit gets ruined and you don't make your credit card payments on time. True. False. Question 17 Save and Quit credit card I can get from a company regardless of terms and conditions. DELL $ % 5 e %# m
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