Question

Nick has a goal to pay his credit card balance in full by June 30. When he first wrote the goal in December, his balance was $2,500. It is now April, and he can pay all except $200. Evaluate his progress and describe the results in one to two sentences.

Answer 1

Answer: Nick made excellent progress in reaching his goal. It is April and he is only $200 short of meeting his goal of paying the entire balance off by June.

Explanation: In this case Nick is doing very well in meeting his goal. With two months left to make payments, he only has $200 remaining to pay. He will be able to meet his goal by paying $100 in May and June.

Answer 2

Nick paid around $383.00 per month on his credit card. He should've paid $400.00 a month