Mathematics, 31.07.2019 14:00 ellamai16
David has a credit card with an apr of 13.59% and a 30-day billing cycle. the table below details david’s transactions with that credit card in the month of november. date amount ($) transaction 11/1 1,998.11 beginning balance 11/5 43.86 purchase 11/16 225.00 payment 11/23 61.21 purchase between the previous balance method and the daily balance method, which method of calculating david’s november finance charge will result in a greater finance charge, and how much greater will it be? a. the daily balance method will have a finance charge $1.59 greater than the previous balance method. b. the daily balance method will have a finance charge $0.40 greater than the previous balance method. c. the previous balance method will have a finance charge $0.96 greater than the daily balance method. d. the previous balance method will have a finance charge $2.55 greater than the daily balance method.
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David has a credit card with an apr of 13.59% and a 30-day billing cycle. the table below details da...
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