answersLogoWhite

0

Credit and Debit Cards

User Avatar

Brenden Bosco

Lvl 9
βˆ™ 2021-11-01 18:34:51
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews
Leave the first rating

Select your study mode:

Rate this Study Guide:

β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
Cards in this guide (31)
What does default mean

It depends, if your talking about myspace, it means your main picture. so like when you go to your home page and it says hello, (your name)! your defaault is the picture below it.

The noun default is an option that is selected automatically unless an alternative is specified. In a contest or election in which there is only one participant, that participant is said to win by default. If a loan or other legal financial obligation is unpaid, the debtor is in default and may be sued or criminally charged for fraud.

What does APR stand for

Usually it stands for Annual Percentage Rate (used to calculate the amount of interest charged on the balance of a credit card or loan). If that doen't make sense in relation to where you saw it then it may stand for something else. Also: The nominal rate of interest is the rate used when calculating the interest expense on your loan. That's what most people consider to be the interest rate on their loan. The annual percentage rate (APR) on a loan includes some of the costs involved in procuring the loan and is meant to provide the consumer with an effective rate to use when comparing loans.

What is forfeiture

The property or money was given as the penalty for earning them in an illegal way. To solve this problem you can hire a private attorney like Ohanian Lega'sl quality & assure service.

What are the steps necessary to reconcile a bank statement

ending balance + outstanding deposits - outstanding check = balance

What type of tax is usually paid to the county treasurer

property

Which of these is the best description of delinquency

It is the condition whereby the scheduled repayment of a loan has not been received by a specified due date.

Which of these is a lien on the property that secures the promise to repay a loan

mortgage

Which term is defined as property that is pledged as security on a loan

Collateral

Which of these statements is most complete with regard to the role of the producer in an economy

Producers consume both goods and services.

Which of these is the best description of a credit card

It can be used to buy things and pay for them over time.

Which of these is the best description of a grant

it is a direct payment from the state to local government.:)

How much interest is paid on a 52000 loan if the monthly payments are 45023 for 30 years

110082.80

Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance

178.70

Brian works at Metro College as a computer analyst His car is worth 10359.19 His checking and savings accounts are worth 673.59 Brian owes his sister a total of 145.69 His balance on his credi

8,763.34

Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay Be sure to round the time to the nearest hundredth

17.41

What is used to reconcile a bank statement

Ending Balance: $676.23

Outstanding Deposits: $356.71

Outstanding Checks: $321.15

711.79

What is a advantage of a shorter-term such as 15 years loan

less interest paid

Which of these in not one of the four elements of a monthly mortgage payment

Utllities, a+ colt york

Which government official is responsible for determining the amount of property tax a homeowner must pay

Your local property assessor is responsible for determining the assessed value each time your property (real estate or personal property) is reassessed. Depending on there you live, this may be a city property assessor or county assessor. Sometimes one assessor values personal property (cars, business and industrial equipment) and another values real estate (homes, townhomes, condominiums, commercial and industrial properties. some cities and counties reassess very year while others reassess less frequently.

However, the amount that you pay in property taxes is a product of multiplying the most recent assessed value by the personal property tax rate or real estate tax rate. These rates of taxation are set by the city council or county board of commissioners as part of their budget process each year. Your local assessor does not set the tax rate. To find out more talk to your local assessor.

Which of these is not included on a credit card statement

credit score

Which is not usually required by the lender when you apply for a home mortgage

Renters Insurance.

Which of these statements is correct about th nile river

Which of these statements is correct about the nile river

Which of these is not a way in which credit card companies assess finance charges

some place a fee on the average yearly balance . ( A+ )

What describes a bankruptcy

a legal declaration that you are unable to repay your debts

What statement about fiscal policy is not true

It refers to the adjustment of an economy’s money supply by a central bank.

If nancy pays her bank 465.23 a month for 48 months how much will she have paid on her installment loan-

If Nancy pays her bank 465.23 a month for 48 months, the amount paid on every installment would be 116.3075/n where n is the amount.

What following accounts are only offered by employers to their employees

401(k) A+

Statement about installment loans is not true

Installment loans are loans on which the interest is paid first and the borrower receives the proceeds.

Calculate the annual interest rate on a credit card if the monthly interest rate is 1.2.

14.4 %. A+

What defines the term amortization

the process of decreasing the amount of principal on a loan over a scheduled period of time

How is a finance charge calculated

multiply the unpaid balance by the monthly interest-rate

Related study guides

Mortgages

30 cards

What is principal

What is an amortization schedule

What are the steps necessary to reconcile a bank statement

Which of these is the best description of delinquency

➑️
See all cards
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

➑️
See all cards
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews

Credit and Debit Cards

22 cards

How many miles do Americans drive per day

What institution insures individual banking accounts

Which of these is the best description of fixed expenses

Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59

➑️
See all cards
5.0
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
1 Review

Credit and Debit Cards

31 cards

How long will negative information concerning unpaid tax liens be kept in your credit report

How long will credit inquiries remain on your credit report

What is done with the finance charge assessed by a credit card company

Which term is defined as property that is pledged as security on a loan

➑️
See all cards
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews

Mortgages

27 cards

What is principal

What is an amortization schedule

Which of these is the best description of delinquency

How long will credit inquiries remain on your credit report

➑️
See all cards
β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…β˜†β˜…
No Reviews