3
QuizMultiple Choice

Population Growth

Question 3 • Modern Math KHS

You have just graduated from college and purchased a car for $5000. Your credit limit is $10,000. Assume that you make no payments and purchase nothing more and that there are no other fees. The monthly interest rate is 8%. What is the growth rate of your credit card balance per month (as a decimal)?a.0.2c.0.08b.0.8d.0.02

Answer
A
A
B
B
C
C
D
D
Previous
Next
You have just graduated from college and…