230k views
5 votes
Match each fee or payment with the type of account or insurance it's associated with.

a. non-sufficient funds fee mortgage
b. cash advance fee health insurance
c. co-pay credit card
d. interest payment checking account

User Ceadreak
by
6.1k points

2 Answers

4 votes
interest payment x Mortrage (usually paid monthly)

Health Insurance x co-pay (paid in fixed amount for covered services)

Cash advance fee x Credit Card (which allows the credit card holder to withdraw cash from the issuer)

Non- Sufficient fund fee x checking account (will be given in case the issuer of the check does not have enough balance)
User Hirokazu
by
6.6k points
4 votes

a. Non- Sufficient fund fee--------checking account


Non-sufficient fund fees, all the more ordinarily known as NSF charges, are charged when your financial records does not have enough cash for a buy or installment you endeavor to make. This buy or installment could be with a platinum card or a check, and as opposed to enabling the buy to experience; the bank will dismiss it and charge you an expense. This is otherwise called a returned item fee.


b. cash advance fee-----------credit card


Your credit card may accompany the capacity to make an exchange called a loan. You should seriously think about utilizing it when you need to get money from your charge card, however realize that it's a standout among the most costly credit card transactions.

Assuming out a transactions cash advance is somewhat similar to pulling back money from the ATM utilizing your charge card, just with a credit card cash advance you're acquiring money from your credit limit, not from your financial records. When you take out development on your credit card, you need to reimburse the cash similarly as you do with buys you make on your credit card.

c. co-pay------------health insurance


A copayment (or "copay") is a fiscal charge that your health care coverage plan may expect you to pay so as to get an explicit restorative administration or supply. For instance, your medical coverage plan may require a $15 copayment for an office visit or brand-name physician endorsed tranquilize. After you make the $15 copayment, your insurance agency by and large pays the rest of the charges.


d. interest payment-------mortgage


On the off chance that you are asserting benefits, you might have the capacity to get help with your lodging costs, including mortgage interest payments and interest on credits you have taken out for fixes or upgrades.

The loan will offer indistinguishable help from the present installments, yet you should replay the credit in the event that you move or exchange responsibility for property.

User Rob Scott
by
6.3k points