The total dollar amount you pay to use credit is called the:
A)finance charge.
B)annual percentage rate.
C)price of the good/service purchased.
D)amortized rebate.
E)interest ratE.

Question

Quizplus · Accepted Answer

The finance charge includes not only the interest rate, but also any fees or charges associated with using credit, such as annual fees or balance transfer fees. Therefore, it is the most comprehensive term for the total amount paid to use credit.

The Total Dollar Amount You Pay to Use Credit Is