Use the Following Two Columns of Items to Answer the Matching

question 119

Multiple Choice

Use the following two columns of items to answer the matching questions below:
-grace period

• A)time allowed without interest before the payment is due
• B)allows you to make purchases beyond your stated credit limit for a fee
• C)credit card good only with a particular merchant
• D)the maximum amount allowed to charge
• E)a card that allows for purchases to be paid for at a later date
• F)cards that offer extra benefits and are available to persons with high incomes and exceptional credit histories
• G)cash borrowed on a credit card

---

Definitions:

Probabilities

Measures of the likelihood that an event will occur, expressed as a number between 0 and 1.

Probability Values

Numerical values that represent the likelihood of the occurrence of a specific event or outcome.

Mutually Exclusive

Two or more events that cannot happen at the same time; the occurrence of one event precludes the occurrence of the other(s).

Nonzero Probabilities

Probabilities that are greater than zero, indicating that an event has a chance of occurring.