Charge Accounts & Credit Cards
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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ACCOUNT STATEMENT | LISTS ALL OF THE ITEMS YOU PURCHASED AND OTHER TRANSACTIONS
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FINANCE CHARGE | INTEREST THAT THE COMPANY CHARGES TO A CREDIT ACCOUNT FOR NOT PAYING THE TOTAL AMOUNT OWED BY THE DUE DATE
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UNPAID-BALANCE METHOD | COMPUTES THE FINANCE CHARGE BASED ON THE PORTION OF THE PREVIOUS BALANCE YOU HAVE NOT PAID
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AVERAGE-DAILY-BALANCE METHOD | COMPUTES THE FINANCE CHARGE BY ADDING ANY NEW PURCHASE TO THE BALANCE AT THE END OF EACH DAY, NEW PURCHASES ARE INCLUDED
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CHARGE ACCOUNT | AN EXISTING LINE OF CREDIT AT THE BUSINESS THAT ISSUED IT
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CREDIT CARD | A CARD THAT AUTHORIZES PURCHASES ON CREDIT
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
dsteffey
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