Question

your credit limit is $1,000. you do pay your card off in full each month. what is the max you should ever owe on this card? $

Explanation:

Step1: Understand credit limit concept

The credit limit is the maximum amount you can borrow on the card.

Step2: Consider payment behavior

Since you pay the card off in full each month, the maximum amount you can owe at any point is the credit - limit.

Answer:

$1000$