Estimate the Answer by Picking the Best Choice Without Calculating

question 71

Multiple Choice

Estimate the answer by picking the best choice without calculating. If your credit card balance is $912, you make a $50 payment, the APR is 12%, and the interest is calculated according to the previous balance method, then the finance charge is

• A) $8.64
• B) $8.62
• C) $9.12 __________ (Enter A, B, or C )

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Definitions:

Imitate

To copy or mimic the actions, behaviors, or appearances of someone or something.

Accidentally

Occurring without deliberate intention; happening by chance.

Formula

A method or set of principles that are used for solving a problem, or a specific type of nutritional drink for infants.

Primary Circular Reaction

A developmental phase identified by Jean Piaget, involving repetitive actions centered on the infant's own body, typically seen as a form of early learning.