Ask Question
24 July, 19:06

Michael has a credit card with an APR of 15.33%. It computes finance charges using the daily balance method and a 30-day billing cycle. On April 1st, Michael had a balance of $822.05. Sometime in April, he made a purchase of $77.19. This was the only purchase he made on this card in April, and he made no payments. If Michael's finance charge for April was $10.71, on which day did he make the purchase?

+1
Answers (1)
  1. 24 July, 20:07
    0
    The answer is D. April 20th
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Michael has a credit card with an APR of 15.33%. It computes finance charges using the daily balance method and a 30-day billing cycle. On ...” 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.
Search for Other Answers