The minimum amount of money a credit card holder must pay to keep his or her account in good standing is called the
A. billing cycle
B. finance charge
c. minimum monthly payment
O D. grace period

Finance Charge.

Explanation:

Credit card is an instrument issued by the bank that allows the holder to buy goods and services in credit . In other words , it gives the holder loan opportunity that are repayable in the future.

The bank charges a finance charge or interest rate on the amount owed based on the annual percentage rate , the amount owed and the length of repayment period . This is paid until the balance is fully offset within the grace period.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.