poindexter has a credit card that uses the average daily balance method for the first 15 days of a 31-billing cycle his balance

Question

3 years ago

11

poindexter has a credit card that uses the average daily balance method for the first 15 days of a 31-billing cycle his balance

was 2110 but then he paid off his entire balance and didnt make any new purchases if his credit cards apr is 26% how much was poindexter charged in interest for the billing cycle

History

2 answers:

lina2011 [118] · Answer 1 · 2022-05-06T05:24:12+03:00

lina2011 [118]3 years ago

6 0

zero if you pay off balances in full Credit card companies cant charge you interest

Anastaziya [24] · Answer 2 · 2022-05-06T07:22:12+03:00

Anastaziya [24]3 years ago

4 0

Answer:

22.55

Explanation: