UNIT 6 TEST - UNIT 6 TEST Money Management NAME:_...

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UNIT 6 TEST NAME:_________________________ Money Management DATE:_______________PERIOD:___ MATCH EACH TERM WITH ITS DEFINITION ON THE RIGHT. (4 points each) ________  1.  Sales receipt a.  the amount that a charge or credit card user owed at the close of        the last billing period ________  2.  Finance charge b.  the amount of money that remains unpaid in a charge account ________  3.  Previous balance c.  the average of the balances in a charge account at the end of each       day in the billing period ________  4.  Unpaid balance d.  interest that a charge or credit card users pays for delaying       payment ________  5.  Average daily balance e.  the monthly finance charge rate f.  a record of the total purchase that a charge card user signs each       time the account is used ANSWER EACH OF THE FOLLOWING QUESTIONS. SHOW ALL WORK!! (10 POINTS EACH)
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This note was uploaded on 01/24/2012 for the course HUM 9999 taught by Professor Variousprofessorslisted during the Summer '06 term at Abilene Christian University.

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UNIT 6 TEST - UNIT 6 TEST Money Management NAME:_...

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