If Creditors Give You No Credit for Payments Made During

question 78

Multiple Choice

If creditors give you no credit for payments made during the billing period, this is called the:

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

---

Definitions:

Catatonia

A psychological condition marked by abnormal movements and behaviors, including stupor, rigidity, or excessive, pointless activity.

Kinesthesis

The sense that informs us about the positions and motion of parts of our bodies.

Hypogeusia

A reduced ability to taste or detect flavors, which can be temporary or permanent.

Hyperphagia

An abnormal increase in appetite for food, often leading to excessive eating.