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chapter 7
math words
| Term | Definition |
|---|---|
| credit card | card authorizing purchases on credit |
| charge account | existing line of credit a business that is issued |
| Account statement | list of the items you purchased and other transactions |
| Finance charge | previous bill is full .the amount goes over to this bill |
| Unpaid balance method | compute finance charge |
| Average daily balance method | companies granting credit compute the finance charge |