Jennifer has a credit card with an APR of 10.22% and a billing cycle of 30 days. The following table shows Jennifer’s credit car

Question

3 years ago

5

Jennifer has a credit card with an APR of 10.22% and a billing cycle of 30 days. The following table shows Jennifer’s credit car

d transactions in the month of January. Date Amount ($) Transaction 1/1 807.94 Beginning balance 1/7 41.81 Purchase 1/8 53.88 Payment 1/16 75.00 Purchase 1/20 18.65 Purchase 1/26 25.00 Payment How much greater will Jennifer’s January finance charge be if the finance charge is calculated using the previous balance method than if it is calculated using the adjusted balance method? a. $0.48 b. $1.15 c. $0.67 d. $0.85

Mathematics

2 answers:

Nimfa-mama [501] · Answer 1 · 2022-08-21T19:01:05+03:00

Nimfa-mama [501]3 years ago

5 0

Answer:

The answer is c.

Step-by-step explanation:

UNO [17] · Answer 2 · 2022-08-21T20:57:24+03:00

UNO [17]3 years ago

4 0

Answer:

C

Step-by-step explanation: