Reginald's credit card statement states that his balance is $550. What does the term balance mean?

2 answers:

8 0

The term "balance" mean is the total amount that you currently owe to the credit card company. Based on the statement above, therefore, Reginald owe's $550 from the credit card company and this is the total amount that he used in his expenses using the credit card.

liberstina [14]3 years ago

6 0

Answer:

C. Reginald's total account debt as of the statement date.

Explanation:

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