Math - Consumer Math: Credit Cards Answers

Thinking about your thinking is ______________.a.a waste of timec.metacognitionb.confusingd.microcognition

When is payment due for this credit card bill? a. 02-01-01 c. 03-01-01 b. 01-31-01 d. None of these Please select the best answer from the choices provided

The previewing reading strategy requires that you pay attention to:a.bold or underlined text, headings, and picturesc.the climax of a short storyb.the bibliography and works cited paged.the publisher, copyright date, and previous publications

Which of these is a question you might ask before reading the selection titled, “Credit Cards-Credit Where Credit’s Due”?a.Do I need a credit card?c.How much will a credit card cost?b.What does APR stand for?d.All of these

Which question would likely be answered by the selection “Credit Cards-Finding the best APR for your budget”? a. What is the interest rate on my credit card? c. How do I pay off credit card debt? b. How can I pay a lower APR on my credit card? d. What should I do if my credit card has fradulent charges? Please select the best answer from the choices provided

What is the APR for this credit card? a. 20.45% c. 0% b. 19.80% d. None of the above Please select the best answer from the choices provided

This information is for a credit card with a _____________ APR. a. fixed c. introductory b. variable d. 0% Please select the best answer from the choices provided

What are fees?a.The interest rate that commercial banks charge their most credit-worthy customers.c.A fixed sum charged, as by an institution or by law, for a privilege.b.The fee you pay to use a credit card calculated on outstanding balance and APR percentage.d.Different rates of interest apply to different purchases on a credit card.

“If you lose your credit card or someone steals it, you do not have to pay more than $50.00. The Federal Truth in Lending Act offers this protection, so no further insurance is necessary. If your card is stolen or lost, you should immediately call to report it. They will cancel the card from being used for purchases, and they will send you a new card. It is a good idea to make a list of all your card account numbers and a list of phone numbers for these accounts. When you travel, take the list of phone numbers in case you lose one, or it is stolen while traveling. DO NOT take the list of account numbers. In-store purchases require a card, and most online purchases require an expiration date and 3 digit code from the back of the card, but it is best not to take any chances.”What is the Federal Truth in Lending Act?a.A law that protects you from having to pay for fraudulent charges on your credit cardc.A law that protects lenders from losses related to theft and fraud.b.A law that requires you to provide honest answers to a credit card companies inquiries.d.A law that requires you to create a list of all your credit card account numbers and bring them with you when you travel.

What does “meta” mean?a.largec.seeingb.awarenessd.thinking