If Creditors Add Finance Charges After Subtracting Payments Made During

question 53

Multiple Choice

If creditors add finance charges after subtracting payments made during the billing period,then this is called the:

• A)APR method.
• B)discount method.
• C)previous balance method.
• D)adjusted balance method.
• E)average daily balance method.

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Definitions:

Distal Attachment

The site at which a muscle tendon connects to the bone that is farther from the center of the body or point of reference.

Tibial Tuberosity

A large protrusion on the anterior part of the tibia, where the patellar ligament attaches.

Femur

The longest and strongest bone in the human body, extending from the hip to the knee.

Patellar Surface

The patellar surface is the area on the distal end of the femur where the patella (kneecap) articulates or makes contact.