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27 January, 18:22

Jessica's credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The

following table details Jessica's use of her credit card in the month of October

Date

10/1

10/2

10/10

10/13

10/20

10/22

Amount ($)

1,240,55

36.43

75.00

131.796

41.52

25.00

Transaction

Beginning balance

Purchase

Payment

Payment

Purchase

Purchase

What is Jessica's adjusted balance for October?

a $1,136.71

b. $1,033.76

C. $1.140.55

d. $1,240,55

+4
Answers (1)
  1. A
    27 January, 21:15
    0
    B.) $1,033.76
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