The method of computing that would result in a greater finance charge is a. the daily balance method will have a finance charge $1.02 greater than the adjusted balance method.
<h3>What is the Adjusted Balance Method?</h3>
This refers to the method of accounting that makes use of the owed amount of money at the end of a billing cycle to make its computation on an account after the credits are calculated.
Hence, we can see that when comparing the adjusted balance method to the daily balance method that calculates the interest charges at the end of the day, the daily balance method would have a higher finance charge.
Read more about adjusted balance methods here:
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<h3>#SPJ4</h3>
I honestly don’t understand
When two fractions are equivalent that means that different fractions have the same number
Answer:
X=4 easy blah blah blah it’s 4. jdjjdjfnfvbdnnfn
