How do credit companies or banks earn a profit when they loan money? question 10 options: by selling stock by taxing accounts by charging interest by loaning to everyone question 11 (5 points) question 11 unsaved other than fees, what is a drawback (negative) to having credit? question 11 options: uncertain earning potential you tend to purchase more things people cannot get credit question 12 (5 points) question 12 unsaved the fee that is charged for using credit is commonly referred to as question 12 options: assets collateral interest penalties question 13 (5 points) question 13 unsaved common forms of used by consumers are car loans, home mortgage loans, and credit cards. question 13 options: bank accounts savings accounts investments credit question 14 (5 points) question 14 unsaved income includes salaries, wages, interest, and dividends. question 14 options: true false question 15 (5 points) question 15 unsaved the process of projecting, organizing, monitoring, and controlling future income and expenses is known as question 15 options: government personal finance geography question 16 (5 points) question 16 unsaved what medium of exchange is used to buy goods and services? question 16 options: credit investing saving money question 17 (5 points) question 17 unsaved what is not an example of money? question 17 options: currency credit debit cards checks question 18 (5 points) question 18 unsaved buy something now and pay for it later. this is known as question 18 options: credit debit spending investing question 19 (5 points) question 19 unsaved the amount of money that you owe to lenders is called what? question 19 options: bankruptcy debt credit interest question 20 (5 points) question 20 unsaved haley bought a $500 dress using her credit card. by the time she finished paying back the credit card company, haley paid $575 for the dress. the extra $75 was what? question 20 options: interest expenditure credit debt