Mathematics, 04.10.2021 20:00 wdymRachel411
Dennis has a credit card with an APR of 10.14% and a billing cycle of 30 days. The following table shows his transactions with that credit card in the month of November.
Date
Amount ($)
Transaction
11/1
517.87
Beginning balance
11/9
31.63
Purchase
11/23
64.10
Purchase
11/26
65.75
Payment
If the finance charge for November is $3.82, which method of calculating the finance charge does Dennis’s credit card company use?
a.
adjusted balance method
b.
previous balance method
c.
daily balance method
d.
there is not enough information to determine which method was used
Answers: 3
Mathematics, 21.06.2019 16:30, kittylover613
Ivan and jeff buy a package of 8 pens for $4.00. ivan wants 5 of the pens, and jeff wants 3.how much should each student pay?
Answers: 1
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