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INCORRECT!

Oops! You can do it!

“A penny saved is a penny earned.”

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Add balances and add limits, then divide: total balances ÷ total credit limit → overall utilization (2400/6000 = 40%).

Did You Also Know...

By Quiz Coins

Sequence-of-returns risk means big losses early in retirement can disproportionately hurt a portfolio that’s being drawn down.