19
practice testMultiple Choice

Practice Test

Question 19 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

A consumer charges a 46 point 9 2 dollars purchase on a credit card. The card has a daily interest rate of 0 point 0 3 9 percent If the consumer pays off the balance at the end of 30 days, how much in interest will be paid for the purchase?

Answer
A
5 point 4 9 dollars
B
0 point 5 5 dollars
C
0 point 0 6 dollars
D
0 point 1 8 dollars
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