Answer:A
Step-by-step explanation:
1) acknowledge the rule that anything that’s outside of the bracket applies to EVERYTHING inside of the bracket
2)apply the rule: (A-6)^2
A. 4(4) + 4 =20
16 + 4 =20
Interest calculated using the previous balance method is LOWER than the average daily balance method when large payments are made during the month.
The previous balance method is an accounting method where interest charges are based on the amount owed at the end of the beginning of the billing cycle.