Using the Acronym HOMES to Remember the Names of the Original

question 279

Multiple Choice

Using the acronym HOMES to remember the names of the original Great Lakes would be an example of a(n)

• A)eidetic image.
• B)icon.
• C)mnemonic.
• D)mental image.

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Definitions:

Interest

The cost of borrowing money, typically expressed as a percentage, charged by lenders to borrowers.

Credit Cards

Financial tools issued by banks that allow users to borrow funds within an agreed limit for purchases or cash advances.

APR

Annual Percentage Rate, a measure used to calculate the cost of borrowing, including interest and other charges, expressed as a yearly rate.

Finance Charges

The total cost of borrowing, including interest and any other charges assessed by the creditor.