Question

heres a quick question: this time, you tell me the max amount you should owe on this card! you answered some of the questions wrong. please try again. your credit limit is $1,000. what is the max you should ever owe on this card? your credit limit is $2,500. what is the max you should ever owe on this card?

Explanation:

Step1: Identify credit - limit concept

The maximum amount owed on a credit card is equal to its credit limit.

Step2: First credit - limit case

For a credit limit of $1000, the max amount owed is $1000.

Step3: Second credit - limit case

For a credit limit of $2500, the max amount owed is $2500.

Answer:

$1000
$2500