Match the terms to their correct definition. 1. average daily balance initial cash payment 2. carrying charges percentage charged for a unit of time 3. closing costs average amount owed for each day of the billing period 4. credit a check which can not be covered by funds in the account 5. credit card excess amount paid over the cash price 6. discount loan financial instrument that allows you to take out a loan from the credit card company to make purchases 7. down payment price paid to use someone else's money to make purchases 8. finance charge interest rate tied to an index that may change 9. fixed rate fees associated with taking out a mortgage 10. interest fee charged for delaying payment 11. interest rates based on the belief a person will pay his obligations 12. mortgage amount of money received when money is borrowed 13. overdraft loan in which the interest is paid in advance from the sum advanced 14. previous balance an arrangement of quantities whose positions are based upon the natural numbers 15. proceeds amount owed on the account after payments and credits have been subtracted from the previous balance 16. sequence a loan based on the value of the real estate it is used to purchase 17. unpaid balance total amount owed on the account at the end of the previous billing cycle 18. variable rate interest rate that does not change