2
InstructionMultiple Choice

Long Term Purchases

Question 2 • Financial Math B (MA402) '25

You are considering making a major purchase on your credit card. You should ask yourself the following questions, except which answer choice?a.Would it cost me less if I came up with a different purchasing plan? b.What else can I purchase to reach my full credit limit?c.Will I receive any incentives from my credit card company for making this purchase?d.How much will my purchase really end up costing if I don’t pay off the balance immediately?

Answer
A
A
B
B
C
C
D
D
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