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What is the term used to describe the dollar amount of periodic interest charged by financial institutions on credit accounts? A. Finance charge B. Period rate C. Late payment penalty D. Cash advance
Finance Charge is the term used to describe the dollar amount of periodic interest charged by financial institutions on credit accounts.
cdfan76|Points 895|
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Asked 10/16/2010 7:07:38 PM
Updated 3/1/2017 5:34:38 PM
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This answer has been confirmed as correct and helpful.
Edited by Andrew. [3/1/2017 5:34:37 PM], Confirmed by Andrew. [3/1/2017 5:34:38 PM]
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