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average daily balance, excluding new purchases. What would Sarah's
finance charges be for the month?
$7.50
$13.25
$18.00
$15.00
$11.25
Question 17. Question : (TCO 3) If Sarah goes out and spends $600 in
new clothes for herself, putting it all on her credit card after her
husband returns at 4 a.m. the previous morning from a night on the
town, this is an example of which of the following?
Misunderstanding or lack of communication
Keeping up with the Joneses
The expectation of instant comfort
The use of money to punish
Overindulgence of children
Question 18. Question : (TCO 3) Steve has three children and has
purchased each of them his or her own TV that is placed in his or her
respective room. Which reason for indebtedness is this an example of?
Misunderstanding or lack of communication
Overindulgence of children
The expectation of instant comfort