Reid's credit card cycle ends on the twenty-fifth of every
month. the interest rate on reid's visa card is 21,99%, and
the billing cycle runs from the twenty-sixth of a month to
the twenty-fifth of the following month. at the end of the
july 26-aug. 25 billing cycle, reid's balance was $5000.
during the next billing cycle (aug. 26-sept. 25) reid made
three purchases, with the dates and amounts shown in ta-
ble 10-12. on september 22 reid made an online payment
of $200 that was credited towards his balance the same day,