You have just graduated from college and purchased a car for $8000. Your credit limit is $11,000. Assume that you make no paymen
ts 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
<span>assume the graduate put the purchase on his card.thenInitial balance = $8000 on the first statement (+fees and interest charges, if any)That means he owes the card issuer $8000.Credit balance is what the issuer owes the card holder, which is zero </span> option "c. $8000" is your answer
The area is found by multiplying length times width. So, since you already have one of the sides of the room, you just divide the area by by that side. 132.9 ÷ 10.9 = 12.2
