8
lesson pretestMultiple Choice

Pretest

Question 8 • Mathematics for Data and Financial Literacy

What is one way Anisha could reduce her liabilities?

Answer
A
take out a new car loan to pay off her current car loan balance
B
use her income to negotiate a lower interest rate on her credit card
C
lease a luxury car to lower her monthly car loan payments
D
increase her credit card spending to earn rewards points and benefits

Explanation

Liabilities are debts Anisha owes. Negotiating a lower credit-card interest rate can reduce the cost of carrying that debt and help her pay it down more effectively. Increasing spending or taking on another loan or lease would not reduce her liabilities.

AI-written and checked against the verified answer.

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