From the consumer's point of view, which method of calculating interest on a credit card is most
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From the consumer's point of view, which method of calculating interest on a credit card is most advantageous? adjusted balance Illustrate the three types of calculating interest for a purchase of \(\$ 525\) with \(9 \%\) APR for a 31-day month in which it takes 7 days for your \(\$ 100\) payment to be received and recorded.
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There are several ways that credit card companies can calculate the interest you owe and the method they use can make a big difference in the total am...View the full answer
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