Elizabeth's credit card computes her finance charges using the previous balance method and a 30-day billing cycle. The table below shows Elizabeth's credit card transactions in July. Date Amount ($) Transaction 7/1 969.26 Beginning balance 7/3 45.00 Payment 7/10 67.48 Purchase 7/12 20.00 Payment 7/28 85.00 Payment If Elizabeth has an APR of 14.61%, how much will her July finance charge be? a. $9.97 b. $12.62 c. $11.80 d. $10.80
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Elizabeth's credit card computes her finance charges using the previous balance method and a 30-day billing cycle. The table below shows ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Mathematics » Elizabeth's credit card computes her finance charges using the previous balance method and a 30-day billing cycle. The table below shows Elizabeth's credit card transactions in July. Date Amount ($) Transaction 7/1 969.26 Beginning balance 7/3 45.