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Jessicas credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The following table details Jessicas use
Jessicas credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The following table details Jessicas use of her credit card in the month of October.
Date | Amount ($) | Transaction |
10/1 | 1,240.55 | Beginning balance |
10/2 | 36.43 | Purchase |
10/10 | 75.00 | Payment |
10/13 | 131.79 | Payment |
10/20 | 41.52 | Purchase |
10/22 | 25.00 | Purchase |
a. | $1,136.71 |
b. | $1,033.76 |
c. | $1,140.55 |
d. | $1,240.55 |
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