Calculate the Cost to You,per Month in Interest,if Your Income

question 17

Multiple Choice

Calculate the cost to you,per month in interest,if your income last month was $2,000,expenses were $2,500,and your shortage was covered on a credit card charging 24% per year simple interest for cash advances?

• A)$5
• B)$7
• C)$9
• D)$10

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Definitions:

Prefix

A word, letter, or number placed before another.

Root

The part of a plant that typically lies below the surface of the soil, anchoring the plant and absorbing water and nutrients.

Suffix

An affix placed at the end of words to alter their meaning or create new words.

Prefix

A group of letters added at the beginning of a word to modify its meaning, such as 'un-' in 'unhappy'.