Simple Interest Answers

5 verified answers
1
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Martin used his credit card to buy a new bike. Which statement is true?

A
Martin borrowed money to buy the bike.
B
Martin paid cash at the store.
C
Martin used money from his checking account.
D
Martin saved money over time.
2
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Check all that you included in your response.

A
Yes, a score of 750 is a good credit score, so Ahmed should qualify for a car loan.
B
Lenders use credit scores to determine how likely one is to pay back a loan.
C
Credit scores range from 300 to 850 and show how good one’s credit is.

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Simple Interest Answers — TCHS VV Financial Math…