Question 9 Okay, here comes a really tough question. Choose the correct statement: Because I have no credit and no one to help me get my first credit card, I O A. am going to answer the offers I receive in the mail and receive a free football phone. Because I have no creditI will never be able to get a credit card so I will live OB. with my parents forever. Because I have no credit and no one to help me get my first credit card, I C. may have to get a "secured" credit card. That's okay. That means I may have to keep some money in a savings account for a time. Because I have no credit and no one to help me get my first card, I decide OD. to get one of those really cool "prepaid" cards I've read about on the web, designed just for students.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question 9
Okay, here comes a really tough question. Choose the correct statement:
Because I have no credit and no one to help me get my first credit card, I
O A. am going to answer the offers I receive in the mail and receive a free
football phone.
Because I have no credit I will never be able to get a credit card so I will live
Ов.
with my parents forever.
Because I have no credit and no one to help me get my first credit card, I
OC. may have to get a "secured" credit card. That's okay. That means I may
have to keep some money in a savings account for a time.
Because I have no credit and no one to help me get my first card, I decide
OD. to get one of those really cool "prepaid" cards I've read about on the web,
designed just for students.
Question 10
Vouhove redit card with a $600 limit. You plan to always pay your card off in
Save and Quit efore the grace period ends. What is the amount you can safely
owe on your card?
DELL
#3
2$
&
3
4
7
8.
个
Transcribed Image Text:Question 9 Okay, here comes a really tough question. Choose the correct statement: Because I have no credit and no one to help me get my first credit card, I O A. am going to answer the offers I receive in the mail and receive a free football phone. Because I have no credit I will never be able to get a credit card so I will live Ов. with my parents forever. Because I have no credit and no one to help me get my first credit card, I OC. may have to get a "secured" credit card. That's okay. That means I may have to keep some money in a savings account for a time. Because I have no credit and no one to help me get my first card, I decide OD. to get one of those really cool "prepaid" cards I've read about on the web, designed just for students. Question 10 Vouhove redit card with a $600 limit. You plan to always pay your card off in Save and Quit efore the grace period ends. What is the amount you can safely owe on your card? DELL #3 2$ & 3 4 7 8. 个
Question 10
You have a credit card with a $600 limit. You plan to always pay your card off in
full each month before the grace period ends. What is the amount you can safely
owe on your card?
OA. $180.
O B. $280.
OC. $480.
OD. $600.
Question 11
Save and Quit
What could happen if you do not shop around for the right credit card company?
DELL
#
&
2
3
4
6.
8.
e
t
y
S
f
Transcribed Image Text:Question 10 You have a credit card with a $600 limit. You plan to always pay your card off in full each month before the grace period ends. What is the amount you can safely owe on your card? OA. $180. O B. $280. OC. $480. OD. $600. Question 11 Save and Quit What could happen if you do not shop around for the right credit card company? DELL # & 2 3 4 6. 8. e t y S f
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