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.
Answer:
$60
Step-by-step explanation:
If it is increasing annually then next year the savings will be $50+20% of $50
=>$50+$10
=>$60
step by step explanation:
Add 1 to both sides
52x−1+1=12x+1
Simplify
52x=12x+1
Subtract 12x from both sides
52x−12x=12x+1−12x
Simplify
40x=1
Divide both sides by 40
40x40 =140
Simplify
x=140
. you multiply all of the values in the parentesys.