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Business, 09.04.2020 23:12 mikeymanfs

Joan has a credit card that uses the previous balance method. The opening balance of one of her 30 day billing cycles was $63.90, but that was her balance for only the first three days of the billing cycle, because she then paid off her entire balance and didn't make any new purchases. if her credit cards APR is 17% which of these expressions could be used to calculate the amount Joan was charged in interest for the billing cycle.

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Joan has a credit card that uses the previous balance method. The opening balance of one of her 30 d...

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