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Yvonne's credit card has an APR of 17.79% and a 30-day billing cycle. The following table details her credit card transactions in the month of

Yvonne's credit card has an APR of 17.79% and a 30-day billing cycle. The following table details her credit card transactions in the month of June.

Date Amount ($) Transaction
6/1 925.43 Beginning balance
6/7 62.74 Payment
6/11 28.27 Purchase
6/21 50.00 Purchase

Between the previous balance method and the daily balance method, which method of calculating Yvonne's June 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 $0.21 greater than the previous balance method.
b. The daily balance method will have a finance charge $0.53 greater than the previous balance method.
c. The previous balance method will have a finance charge $0.45 greater than the daily balance method.
d.

The previous balance method will have a finance charge $0.40 greater than the daily balance method.

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