Relacionar Columnas Computing the Costs of CreditVersión en línea Review p238- 242 in the text book to find the correct answers. por Jeni Garcia 1 Fixed interest rate 2 Billing cycle 3 Finance charge 4 Grace period 5 Minimum payment 6 Penalty 7 Variable interest rate 8 Cash advance 9 Balance transfer An interest rate that goes up and down with inflation and other economic conditions The amount you are required to pay each month on a credit card An interest rate that is set and does not change from month to month The amount of time you have to pay your current credit card balance in full to avoid paying interest. A fee charged for violating a term of the credit agreement The total dollar amount of all interest and fees you pay for the use of credit. Money borrowed against your credit card Moving a balance from one card to another. The period of time between credit card billings