financial literacy quest

Mathematics
Tutor: None Selected Time limit: 1 Day

After noticing the difference between the two balances, you are concerned because you have a college loan payment of $1225.00 that is due on Friday, and you won’t be paid again until Monday. You expected to have at least $1225.00 in your checking account to cover your loan payment, but the $1205.00 balance on your statement suggests you don’t have enough money. What should you do?

Jun 9th, 2015

Thank you for the opportunity to help you with your question!

Call the institution and let them know the situation. Ask them if it will be fine to send the $1205 that you have in your checking account to cover majority of the total, assure them you will pay the remaining $20 on Monday. 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 9th, 2015

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Jun 9th, 2015
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Jun 9th, 2015
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