If Your Put a Trip on Your Credit Card That

question 71

Multiple Choice

If your put a trip on your credit card that charges you an APR of 19.99% and make the minimum monthly payment of $45 how long will it take to pay off the credit card debt (in months) ?

• A)24
• B)36
• C)49
• D)60
• E)96

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Definitions:

CPM Networks

Stands for Critical Path Method Networks, which are used in project management to identify the longest sequence of dependent tasks and the minimum completion time for the whole project.

Critical Paths

The sequence of stages determining the minimum time needed to complete a project, where any delay in the critical path tasks will directly affect the project completion date.

Critical Path

The longest sequence of activities in a project plan which must be completed on time for the project to finish by its due date.