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Credit card companies use negative balances to represent when the credit card company owes the customer money and positive balances to represent when the customer owes the credit card company money. Sneha has a balance of 0 dollars with her credit card company. What does a balance of 0 dollars represent? Choose 1 answer: A Sneha owes the credit card company money. B Neither Sneha nor the credit card company owes money. (c) The credit card company owes Sneha money.

Credit card companies use negative balances to represent when the credit card company owes the customer money and positive balances to represent when the customer owes the credit card company money.\newlineSneha has a balance of 00 dollars with her credit card company.\newlineWhat does a balance of 00 dollars represent?\newlineChoose 11 answer:\newline(A) Sneha owes the credit card company money.\newline(B) Neither Sneha nor the credit card company owes money.\newline(C) The credit card company owes Sneha money.

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Full solution

Q. Credit card companies use negative balances to represent when the credit card company owes the customer money and positive balances to represent when the customer owes the credit card company money.\newlineSneha has a balance of 00 dollars with her credit card company.\newlineWhat does a balance of 00 dollars represent?\newlineChoose 11 answer:\newline(A) Sneha owes the credit card company money.\newline(B) Neither Sneha nor the credit card company owes money.\newline(C) The credit card company owes Sneha money.
  1. Context of the problem: Understand the context of the problem.\newlineA credit card balance represents the amount of money owed. A negative balance indicates the credit card company owes the customer money, while a positive balance indicates the customer owes the credit card company money.
  2. Given information analysis: Analyze the given information.\newlineSneha has a balance of 00 dollars with her credit card company.
  3. Meaning of a balance of 00 dollars: Determine what a balance of 00 dollars means.\newlineA balance of 00 dollars means that there is no outstanding debt in either direction. Sneha does not owe the credit card company money, and the credit card company does not owe Sneha money.

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