Question

Which of the following is not included in the interest calculation using adjusted balance method?

Answer 1

Large payments
B. current purchases

Answer 2

The periodic interest rate is not a method used when calculating interests using adjusted balance method.

The adjusted balance method is the most common method used by banks and finance companies to calculate the interest income or finance charges associated with a bank account or credit card account, respectively.

To make it simpler i believe the most suitable answer for the question is the Periodic interest rate.

Hope this answers your question and clears your doubt :)