If you are trying to build credit by using a credit card, each time you make a pur your checking account. That way, when your credit card bill is due, you will have is going to start doing this. She plans on paying her credit card bill in full this mc following transactions? (Round your answer to the nearest cent.) 31-day billing cycle 10/1 Previous balance 10/3 Credit 10/12 Charge: King Soopers 10/15 Payment 10/25 Charge: Delta 10/30 Charge: Holiday Fun Amount owed $84 cr. $143 $260 cr. $316 $56 $ 1,159

Balance transfer credit cards Zoe Robinson has several credit cards, on which she is carrying a total current balance of $6,000. Her current cards charge her 12% per year. She is considering transferring this balance to a new card issued by a local bank. The bank advertises that, for a 4 percent fee, she can transfer her balance to a card that charges a 0 percent interest rate on transferred balances for the first 6 months. Calculate the fee that Zoe would pay to transfer the balance. $  Describe the benefits and drawbacks of balance transfer cards.

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When you use a credit​ card, the credit card company charges a fee to the​ merchant, which ranges from 3​% to 5​%, on your purchase. Suppose you bought a​ high-definition TV for $310 and asked if the seller would give you a discount for paying cash. What might be a reasonable​ discount? A reasonable discount would be in the range of $__ to $__

Selecting a Bank. Julie wants to open a bank account with ​$43. Julie estimates that she will write 23 checks per month and use her ATM card at the home bank. She will maintain a monthly balance of ​$500. Which bank should Julie​ choose?   Hillsboro Bank First National South Trust Bank Sun Coast Bank ATM​ charges:         Home bank Free Free Free Free Other bank 5 ​free, then ​$1.15 per use ​$1.40 per use ​$1.40 per use ​$1.40 per use ​Checking:         Minimum deposit ​$100 ​$28 ​$1 ​$1 Minimum balance required to avoid​ fees* ​N/A ​N/A ​$500 ​N/A Monthly fees ​$8.66 ​$10.11 ​$15.88 ​$3.61 ​Check-writing charges 15 ​free, then ​$0.85 per check 10 ​free, then ​$0.85 per check Unlimited Each check ​$0.43 ​* N/A means monthly fees apply irrespective of account balances. Based on the information given in the​ chart, which bank should Julie​…

Excel Skills 7. Solve the follow sections: a. Complete the following spreadsheet, showing how much will be in your bank account if you deposit an initial deposit (cell B2) today and it draws annual interest given in cell B1. Interest 2 Initial deposit 3 4 5 6 7 A 8 9 10 Year " 0 1 23 4 5 B b. Graph the results of the bank account. 8% $155 In bank account.

You have a credit card with an APR (Annual Percentage Rate) of 12%. You begin with a balance of $200, in response to which you make a payment of $75. The first month you make charges amounting to $50. You make a payment of $75 to reduce the new balance, and the second month you charge $60. Previous balances, payments and purchases for the months 1 and 2 are given in the table below: Month Previous Balance Payment Purchases Finance Charge New Balance 1 $200 $75 $50 a:$  b:$  2  $  $75 $60 c:$  d:$

You have a Visa credit card account lemi with a 24.99% annual percentage rate calculated on the average daily balance. The billing date is the first day of each month, and the billing cycle is the number of days in that month. Your credit card balance on June 1 was $252. On June 8th you made a $109 purchase. You made another purchase, a $75 gift card, on June 18th. You made a $100 payment on June 28th. Show your work for all parts of the problem. (a) What is the average daily balance for July? (b) What is your finance charge on the account as of July 1st? (c) What is your new credit card balance?

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