Mathematics, 29.03.2020 22:11 nothingworksoutforme

Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called?
adjusted balance method
average daily balance method
previous balance method
none of the above

Answers: 2

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Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called? adjusted balance method average daily balance method previous balance method none of the above

Answers

Another question on Mathematics

Rahm's credit card issuer calculates interest based on the outstanding balance at the end of the last billing period. what is this method of calculating interest on a credit card called?
adjusted balance method
average daily balance method
previous balance method
none of the above