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12.7 Understanding a Credit Card Statement (aie.org)

Authored by Hilary Donahue

Financial Education

7th Grade

Used 3+ times

12.7 Understanding a Credit Card Statement (aie.org)
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total credit limit of the Platinum Piggy Card?

$657.40

$500.00

$2500.00

$1314.15

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the new balance total on the statement?

$52.57

$2500.00

$1314.15

$657.40

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the payment due date for the credit card statement?

10/12/2017

11/13/2017

09/14/2017

12/13/2017

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many points were earned this month according to the rewards summary?

314

1314

500

2676

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total minimum payment due?

$657.40

$52.57

$40.00

$1314.15

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the penalty APR if a late payment is made?

15.99%

29.99%

25.99%

13.99%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which transaction had the highest charge?

Restaurant

AmazeZone.com

Grocery Land

Moviehouse

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