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Assume you have a balance of $1000.00 on a card and you make a $200.00 payment on day 10 of the billing cycle. How do

Assume you have a balance of $1000.00 on a card and you make a $200.00 payment on day 10 of the billing cycle. How do I calculate the principal (P) only for each method.

Average daily balance

previous balance

adjusted balanceAssume you have a balance of $1000.00 on a card and you make a $200.00 payment on day 10 of the billing cycle. How do I calculate the principal (P) only for each method.

Average daily balance

previous balance

adjusted balanceAssume you have a balance of $1000.00 on a card and you make a $200.00 payment on day 10 of the billing cycle. How do I calculate the principal (P) only for each method.

Average daily balance

previous balance

adjusted balance

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