Calvin’s credit card computes finance charges using the daily balance method. his card has a billing cycle of 30 days and an apr
of 14.75%. the following table details calvin’s transactions in the month of september. date amount ($) transaction 9/1 716.54 beginning balance 9/7 84.94 purchase 9/12 15.69 purchase 9/20 200.00 payment what will calvin’s starting balance be next month? a. $617.17 b. $624.74 c. $625.91 d. $623.52
