Help me with 25 multiple choise questions?

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late payment fees

interest rates

financing charges

all of the above

42. The money you pay to keep an insurance policy in effect is called a what? (1 point)

deductible

co-pay

premium

expense

43. The money you borrow from a bank or any other lender is called what? (1 point)

principal

investment

interest

equity

44. Your credit score determines whether or not you what? (1 point)

are approved or denied a loan

are given a high or low interest rate

are approved or denied a credit card

all of the above

45. The loans that individuals take out to continue their education are called what? (1 point)

educational loans

student loans

optional loans

deferred loans

46. Which of the following is NOT considered a small ticket item? (1 point)

a toaster

an automobile

a pack of gum

a cup of coffee

47. When an asset such as a home or a car decreases in value over a long period of time it鈥檚 called what? (1 point)

decay

depreciation

appreciation

neglect

48. Charge cards differ from credit cards in what ways? (1 point)

they require you to pay the full balance at the end of the billing period

they don鈥檛 allow you to make cash advances

they don鈥檛 accept balance transfers

all of the above

49. The marketing offers provided by credit card companies are called membership __________? (1 point)



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