Question and answer
20) 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. Cash advance D. Late payment penalty
Finance charge is the term used to describe the dollar amount of periodic interest charged by financial institutions on credit accounts.
cdfan76|Points 670|
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Asked 10/10/2010 9:21:07 AM
Updated 3/17/2014 6:08:48 AM
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This answer has been confirmed as correct and helpful.
Edited by andrewpallarca [3/17/2014 6:08:47 AM], Confirmed by andrewpallarca [3/17/2014 6:08:48 AM]
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19) Which of the following is not one of the five C's of credit? A. capital B. conditions C. capacity D. credibility
Weegy: The 5 C's of credt are: -Character -Capacity -Capital -Collateral -Conditions (More)
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Updated 3/17/2014 6:07:42 AM
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Credibility is not one of the five C's of credit.
Added 3/17/2014 6:07:42 AM
This answer has been confirmed as correct and helpful.
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