Timothy Carter Went Out to Eat with His Girlfriend at a Fancy

question 58

Multiple Choice

Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his Mastercard credit card, he was told that the restaurant accepted only cash or American Express. His waiter suggested that he use the ATM across the street to withdraw cash using his credit card. Tim did as suggested and didn't pay attention to any fees until he received his credit card statement one month later. He was shocked to see the total fees (3% cash advance) , and his APR was increased to 21%. Given the cost of the meal ($125) plus the associated fees, how much did his meal cost him?

• A) $2.19.
• B) $3.75.
• C) $125.
• D) $130.94.
• E) $151.25.

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Definitions:

Emotional Intelligence

The ability to understand, use, and manage one's own emotions in positive ways to relieve stress, communicate effectively, empathize with others, overcome challenges, and defuse conflict.

Intelligence Quotient

A measure of a person's intellectual abilities compared to the average population, expressed as a score.

Daniel Goleman

An author and psychologist known for his work on emotional intelligence, including its importance in leadership, education, and personal development.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.