Your card has a limit of $1,000. You plan to go on a honeymoon in one year

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Your card has a limit of $1,000. You plan to go on a honeymoon in one year and want to use the credit card as a back-up. You plan to request your limit be raised after three months of charging only the following:$150 in month 1; $200 in month 2; and $199 in month 3. Each month you have paid the balance in full. What average percentage of your credit limit did you use each month?

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Personal Finance Building Your Future

ISBN: 978-0073530659

1st edition

Authors: Robert B. Walker, Kristy P. Walker

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