Reginald's credit card statement states that his balance is $550. What does the term balance mean? the yearly cost of owning the card the maximum amount that Reginald can carry on his card Reginald's total account debt as of the statement date

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Answer:

total dept

Step-by-step explanation:


Answer:

Reginald's total account debt as of the statement date.

Step-by-step explanation:

Reginald's credit card statement states that his balance is $550. What does the term balance mean?

The term BALANCE means- Reginald's total account debt as of the statement date. This is the balance or due amount that Reginald will have to pay in a specified time period.

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