
Account History - KC
Authored by Julie Tiboso
Business
Professional Development
Used 2+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is not included on computing simple interest?
Days Elapsed
Principal Balance
Days Past Due
Interest Rate
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
How many months can regular payments cover and be applied systematically?
3 months
As per customer request
1 month only
1 year
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does per diem mean?
Per Payment
Daily Interest
Interest Accrued
Monthly Payment
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How many days between Sept 24, 2023 - October 30, 2023, do we use on computing interest?
33 days
31 days
36 days
37 days
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
When an overage is listed on the Payment Variance section, it is also included in___________.
the Principal Balance
the late charges
the Original Balance
Interest Accrued
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The due date will change once the customer has paid ____% of their monthly payment.
60
90
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The due date can be changed as requested, except if?
account is 5 days past due.
one payment is posted.
account is 10 days past due.
no payment is posted
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