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.
5 Bars of soap for $4.00 Why? Because you if you buy two it cost $8.00 or buy three pack and you'll get 15 for $12.00
Answer:
Step-by-step explanation:
Equation
L = a + (n - 1)*d
Givens
L = 55
a = 13
n =8
Solution
55 = 13 + (8 - 1)*d Combine
55 = 13 + 7d Subtract 13 from both sides
55 - 13 = 7d
42 = 7d Divide by 7
d = 6
