Lowell has a credit card that uses the adjusted balance method. For the first
10 days of...
Mathematics, 20.02.2020 01:01 allieballey0727
Lowell has a credit card that uses the adjusted balance method. For the first
10 days of one of his 30-day billing cycles, his balance was $1360. He then
made a purchase for $470, so his balance jumped to $1830, and it remained
that amount for the next 10 days. Lowell then made a payment of $740, SO
his balance for the last 10 days of the billing cycle was $1090. If his credit
card's APR is 28%, which of these expressions could be used to calculate the
amount Lowell was charged in interest for the billing cycle?
O A. 028.30 10 •$1360 +10 • 91830 + 10 • 8740
O B. (9.38.30 15620)
OC (2030) | 100 $130 +10 • $120 + 10 - $1080
OD. 028.30||$1360)
Answers: 1
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