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Exam (elaborations)

wise exam questions with 100% correct answers

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wise exam questions with 100% correct answers

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  • September 13, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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BravelRadon
wise exam

a good reason to have a credit card is that it allows the person to - correct answer ✔✔not have to carry
large amounts of cash



uses his bank ATM card at his local grocery store's ATM that charges a 3.00 fee for each transaction. he
uses this ATM machine sometimes a month. This practice should be - correct answer ✔✔no because the
person is spending money unnecessarily and increasing the chance of identity theft



companies are likely to place drivers in the "assigned risk pool" if they over age 65 - correct answer
✔✔have several recent accidents



rosario hill's loan payment will be received by the bank on june therefore the correct payment is -
correct answer ✔✔342.56



which dollar amount shown on the statement will definitley .... rosario hill makes her monthly payment?
- correct answer ✔✔late charges



based on this statement, how much interest has Rosario loan this year? - correct answer ✔✔932.27



This girl saw an error when reviewing her credit report. What should she do? - correct answer ✔✔send
the error to her creditors



identity theft a person should not provide his social security number over the phone unless - correct
answer ✔✔the call to the organization where he has an account



how can a person improve their credit score - correct answer ✔✔pay the amount he owes on his credit
cards



uses a debit card to make a purchase, the amount of the purchase is - correct answer ✔✔from the
person's bank account balance at the time of the sale

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