Getting a Credit Card Math Quiz
QUESTION 10 of 10: A new bank offers you a 0% Intro APR on balance transfers. All transfers must be completed in first 4 months. After that
the variable APR will be 24%, based on your credit score remaining above 650. If you tr or a balance with this offer, after your 0% Intro
purchase APR expires, both new purchases and unpaid purchase balances will automatially accrue interest until all balances, including
your transferred balance, are paid in full. You have transferred $600 to this account and ſaid hall before the fourth month. You then charge
$350 in the fifth month. What is your balance at the end of the fifth month if you have mad no additional charges, payments or transfers?
a) 5500
b) 5563
c) $850
d) $2.475
Submit
Fixing Your Credit
Lesson