If Monty Buys a New Television for $800 This Month

question 29

Multiple Choice

If Monty buys a new television for $800 this month and sends in a credit card payment of $1,200 when he gets his statement,how much interest will he pay on the television for the month?

• A)18%
• B)1.5%
• C)None,since he paid for the television in full during the grace period.
• D)None of the above answers is correct.

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Definitions:

Flow Of Control

The order in which individual statements, instructions, or function calls of an imperative program are executed or evaluated.

Program's Statements

The individual instructions in a program, written in a programming language, that specify the actions to be performed.