HIGH SCHOOL
Fixing Your Credit Math Quiz
QUESTION 5 of 10: Your credit card limit is $5,000, and your current balance is $4,500. Your credit score will increase by 10 points for every
$250 decrease in your balance. At the end of the year you have paid down your balance to $2,500. By how many points has your credit score
increased?
a) 10
Ob) 25
0000
Sub

80 points

Explanation:

The credit score increases by 10 points for every $250 paid.

The current balance is $4500; the balance is down to $2500 by the end of the year.

It means a payment of $2000 had been made. ( $4500 - $2500)

$2000 has eight batches of $250 ( $2000/250)

A payment of $250 increase credit score by 10 points

$2000 payment is equivalent to 8 payments.

credit score will increase by 8 x 10 points

=80 points

answer; ///i believe the answer is (d) procedures to control the quailty of your product;