Question

4) If you owe $600 on your credit card and the utilization rate is at 30%, what is your

credit limit?

Answer 1

20

Explanation:

600/30% makes a decimal so move the point 2 spaces and it is 20

Answer 2

yourcredit limit is 2000$

600$ (600*100)/30=2000$

30% 100%

Explanation: