Use of Financial Calculator TI BA-Plus Required

question 23

Multiple Choice

Use of Financial Calculator TI BA-Plus required. Your credit card balance was $900 and you made a $500 payment. What would be the finance charge at 2 percent monthly if your company used the previous balance method?

• A)$18
• B)$8
• C)$10
• D)Insufficient information

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Definitions:

Sales Call Objective

The primary goal or outcome that a salesperson aims to achieve during a sales call or meeting.

Sales Call Objective

A specific goal set for a sales call, guiding what the salesperson aims to achieve during the interaction.

Self-Confidence

is the belief in one's abilities, qualities, and judgment, which is crucial in personal development and success in various domains, including sales and leadership.

Customer Benefit Plan

A structured outline of how a product or service specifically benefits the customer, focusing on addressing the customer's needs and solving their problems.