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  1. mathematics
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  3. match the following terms with their definitions 1

Match the following terms with their definitions 1 Cash price minus down payment 2 A...

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Basic Math

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Match the following terms with their definitions 1 Cash price minus down payment 2 A revolving charge account 3 Used to calculate rebate of finance charge 4 Total of all monthly payments plus down payment 5 Sum of daily balance divided by number of days in billing cycle 6 Total of all payments minus amount financed 7 A payment process 8 Doesn t dictate interest rates 9 Initial cash payment 10 Effective interest rate 11 Used in calculation of average daily balance 12 Purchase till maximum credit reached Amortization Amount financed APR Average daily balance

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