Multiple Choice
A "float" period can be defined as:
A) the interest charged during one billing period.
B) the principal balance due on a loan.
C) a home equity loan.
D) a certain number of days during which no interest is charged.
E) a lump-sum loan from a credit union.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q89: An increasing number of personal bankruptcies are
Q90: The finance charge is the total dollar
Q91: Which of the following is not true
Q92: The CCCS aids families by:<br>A)setting up a
Q93: Variations of simple interest do not include
Q95: You can deduct the interest paid on
Q96: What are the major sources of consumer
Q97: When more than one payment is made
Q98: Which of the following methods calculates interest
Q99: The fairest method of calculating interest on