Relier Pairs Computing the Costs of CreditVersion en ligne Review p238- 242 in the text book to find the correct answers. par Jeni Garcia 1 Billing cycle 2 Balance transfer 3 Minimum payment 4 Fixed interest rate 5 Cash advance 6 Grace period 7 Finance charge 8 Penalty 9 Variable interest rate A fee charged for violating a term of the credit agreement The total dollar amount of all interest and fees you pay for the use of credit. Money borrowed against your credit card The amount you are required to pay each month on a credit card The amount of time you have to pay your current credit card balance in full to avoid paying interest. An interest rate that goes up and down with inflation and other economic conditions The period of time between credit card billings Moving a balance from one card to another. An interest rate that is set and does not change from month to month
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