You have just graduated from college and purchased a car for $8000. Your credit limit is $11,000. Assume that you make no payments and purchase nothing more and that there are no other fees. The monthly interest rate is 2%. What is your initial credit card balance?
a.
$19,000
c.
$8000
b.
$3000
d.
$11,000
Answers
Answered by
2
Answer:
I think option c is the correct answer
Answered by
1
Answer:
yes c is the correct answer
Similar questions