Myrtle has a credit card that uses the average daily balance method. For the first 21 days of one of her billing cycles, her bal

Question

3 years ago

9

Myrtle has a credit card that uses the average daily balance method. For the first 21 days of one of her billing cycles, her bal

ance was $2030, and for the last 9 days of the billing cycle, her balance was $1450. If her credit card's APR is 23%, which of these expressions could be used to calculate the amount Myrtle was charged in interest for the billing cycle?
(a)- (0.23/365 x30)÷(21x $2030+ 9x$1450/30)
(b)- (0.23/365 x30)÷(9x $2030+ 21x$1450/30)
(c)- (0.23/365 x31)÷(9x $2030+ 21x$1450/31)
(d)- (0.23/365 x31)÷(21x $2030+ 9x$1450/31)

Mathematics

2 answers:

Musya8 [376] · Answer 1 · 2022-08-03T13:22:23+03:00

Musya8 [376]3 years ago

8 0

Answer:

Step-by-step explanation:

levacccp [35] · Answer 2 · 2022-08-03T11:46:10+03:00

levacccp [35]3 years ago

5 0

Answer:

A

I had this question yesterday