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How do you call the total account debt as of the statement date? A.) APR B.) Balance C.) Finance Charges

How do you call the total account debt as of the statement date? A.) APR B.) Balance C.) Finance Charges
asked 173k views
4 votes
How do you call the total account debt as of the statement date?

A.) APR
B.) Balance
C.) Finance Charges

asked
User Autodidacticon
by
8.0k points

2 Answers

4 votes

Answer:

B) balance

Step-by-step explanation:

on plato

answered
User Sheh
by
7.8k points
7 votes
The total account debt, as of the statement date, is called the balance. APR is the interest rate and finance charges is the fee representing the credit. The correct answer is B. 
answered
User Peter Brown
by
8.0k points
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