BML 18-2

Match it! Select the correct answer from the pull down...Good luck!

The principal of a loan is

The formula for simple interest is

The two major types of consumer credit are

People with very good credit ratings are more likely to get which type of loan?

Why is compound interest more expensive than simple interest?

Type of charge account that requires customers to make full payment within a stated period.

Which of the following is an example of a bank card?

Total dollar cost of credit, including interest and all other charges.