1. Which term represents interest and all
other fees added on to credit purchases?
a. annual fee
b. annual percentage rate
c. introductory rate
d. finance charges
is

Respuesta :

Final answer:

Finance charges encompass interest and additional fees on credit purchases.


Explanation:

Finance charges represent interest and all other fees added onto credit purchases. These charges are incurred when borrowing money through credit cards, and they are additional costs on top of the borrowed amount.


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