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    Exam 18: Appendix :personal-Finance-Appendix
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    A Charge Just for the Privilege of Having a Credit
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A Charge Just for the Privilege of Having a Credit

Question 101

Question 101

Multiple Choice

A charge just for the privilege of having a credit card, whether you use it or not, is referred to as a(n) _____.


A) annual fee
B) probationary fee
C) balance fee
D) royalty fee

Correct Answer:

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