Mathematics, 04.11.2019 01:31 kace04
Hannah has a credit card with an apr of 11.90% and a billing cycle of 30 days. the following table shows hannah’s transactions in the month of april.
date amount ($) transaction
4/1 322.95 beginning balance
4/10 19.87 purchase
4/14 50.00 payment
4/19 71.21 purchase
if hannah’s credit card company calculates finance charges using the daily balance method, what will her april finance charge be?
a. $2.71
b. $3.20
c. $3.30
d. $3.61
Answers: 3
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