Matching Pairs Computing the Costs of CreditOnline version Review p238- 242 in the text book to find the correct answers. by Jeni Garcia 1 Cash advance 2 Grace period 3 Variable interest rate 4 Finance charge 5 Balance transfer 6 Penalty 7 Minimum payment 8 Fixed interest rate 9 Billing cycle Money borrowed against your credit card Moving a balance from one card to another. The period of time between credit card billings An interest rate that is set and does not change from month to month 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 The total dollar amount of all interest and fees you pay for the use of credit. 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