-Refer to Table 5

question 41

Multiple Choice

-Refer to Table 5.14 to answer this question.What are the missing numbers in the total utility column?

• A)135,305,and 435.
• B)90,340,and 450.
• C)190,340,and 450.
• D)Cannot be determined with the information given.

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Definitions:

Unsecured Party

A lender or creditor who provides credit without obtaining specific collateral as security for the loan.

Credit Card

A plastic card issued by a financial institution that allows the holder to borrow funds to pay for goods and services.

Repayment

The act of paying back money that was borrowed from a lender.

Homestead Exemption

A law permitting a debtor to retain the family home, either in its entirety or up to a specified dollar amount, free from the claims of unsecured creditors or trustees in bankruptcy.