Match the Following Terms with Their Definitions

question 81

Multiple Choice

Match the following terms with their definitions.
-Adjusted balance

• A)360 days
• B)Principal times rate times time
• C)Cost of borrowing
• D)365 days
• E)Result of applying the U.S. rule
• F)Maturity value
• G)Partial payment must be applied to interest first
• H)Amount due on due date
• I)Amount of money borrowed
• J)Consumer groups against it

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Definitions:

Agreeable

A personality trait characterized by being friendly, cooperative, and easy to get along with.

Conscientious

Characterized by the desire to do one’s work or duty well and thoroughly.

Remarried Fathers

Fathers who have entered into a subsequent marriage after a divorce or the death of their spouse, facing unique family dynamic challenges.

Stepchildren

Children of one's spouse from a previous relationship; not one's biological or adopted children, but part of the family through marriage.