Question
If creditors add finance charges after subtracting payments made during the billing period, this is called the:
A. APR method.
B. average daily balance method.
C. previous balance method.
D. adjusted balance method.
its not A or D someone help me
A. APR method.
B. average daily balance method.
C. previous balance method.
D. adjusted balance method.
its not A or D someone help me
Answers
B. is my choice.
Related Questions
If creditors give you no credit for payments made during the billing period, this is called the:...
Alice Dubois was charged $455 in finance charges on a loan for 15 months. Find the finance charge r...
A credit card billing cycle is 15 days. You started your billing cycle with a balance of $500. On Da...
Cassandra’s credit card billing cycle is 12 days. She started her billing cycle with a balance of $3...