A credit report has the following accounts open with the balance, credit limit, and duration of time each account has been open. Car Loan 3 Years 4 Months Credit Card 1 1 Month Balance: $500 Limit: $1000 Credit Card 2 4 Years 11 Months Balance: $500 Limit: $10,000 Credit Card 3 2 Years 2 Months Balance: $4500 Limit: $5000 Calculate the average credit age. Group of answer choices
A credit report has the following accounts open with the balance, credit limit, and duration of time each account has been open. Car Loan 3 Years 4 Months Credit Card 1 1 Month Balance: $500 Limit: $1000 Credit Card 2 4 Years 11 Months Balance: $500 Limit: $10,000 Credit Card 3 2 Years 2 Months Balance: $4500 Limit: $5000 Calculate the average credit age. Group of answer choices
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.6: Permutations
Problem 22E
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A credit report has the following accounts open with the balance, credit limit, and duration of time each account has been open.
Car Loan | 3 Years 4 Months |
Credit Card 1 |
1 Month Balance: $500 Limit: $1000 |
Credit Card 2 |
4 Years 11 Months Balance: $500 Limit: $10,000 |
Credit Card 3 |
2 Years 2 Months Balance: $4500 Limit: $5000 |
Calculate the average credit age.
Group of answer choices
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