Mathematics

Sara Harvey

8 February, 09:37

Yolanda's credit card has an APR of 16.22% and a billing cycle of 30 days. The table below shows her transactions with that credit card in the month of November. Date Amount ($) Transaction 11/1 857.14 Beginning balance 11/3 76.95 Purchase 11/10 50.00 Payment 11/24 43.19 Purchase Find Yolanda's finance charge in November using the previous balance method, the adjusted balance method, and the daily balance method. Among those three possible finance charges, what is the value of the one which is neither lowest nor highest? a. $12.53 b. $11.59 c. $12.05 d. $10.91