Answer: c. previous balance method
The method used by credit card companies to calculate finance charges in which it is most favorable to the card issuer is the previous balance method. This is computed by charging the interest into the new billing period. This is least favorable to cardholder thus, most favorable to card issuer.
109. 85 the mixed number 109 85/100
Answer:
Step-by-step explanation:
A does 1/6 of the task per hour.
B does 1/9 of the task per hour.
Together, they do 1/6+1/9 = 5/18 of the task per hour, finishing in 18/5 hours.
18/5 = 3.6 hours
Answer:
$0.24
Step-by-step explanation:
1.332 - 1.094 = 0.238
Answer: 0.24
