Question

The amount left when you subtract last month's payment from last month's balance on a credit card statement is the

A. APR.

B. unpaid balance.

C new balance.

D. minimum payment.

The percentage charged each month on purchases charged to the credit card account is called the

A. periodic rate

B. new balance

C. unpaid balance

D. minimum payment

Answer 1

I believe that the first one is B) Unpaid Balance.
Dont quote me though if its wrong haha.

Answer 2

Question 1)

Option: B

( unpaid balance)

Question 2)

Option: D

( Minimum payment )

Explanation:

Question 1)

UNPAID BALANCE:

unpaid balance is the remaining balance of a loan, cash advance or credit that has not been paid.

Hence, The amount left when you subtract last month's payment from last month's balance on a credit card statement is the:

unpaid balance.

Question 2)

Minimum payments are typically calculated as percentage of your outstanding balance plus any fees that have been added to your balance.

Hence, The percentage charged each month on purchases charged to the credit card account is called the:

Minimum payment.