juliawhitney545 juliawhitney545
  • 25-04-2018
  • Business
contestada

Which method for calculating a credit card balance does not take into account the purchases or the payments made during the current billing cycle?

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IfeanyiEze8899 IfeanyiEze8899
  • 11-01-2020

Answer:

The Adjusted Balance Method Calculation.

Explanation:

The adjustment balance method for calculating credits uses the previous balance from the end of the last credit or billing cycle excluding any payments and billings made during the current billing cycle.

It gives a grace period on new expenditures and if payment are made for the new credits before the last day, there will be no billing charges.

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2022jakegarcia
2022jakegarcia 2022jakegarcia
  • 17-11-2021

Answer:

The Adjusted Balance Method Calculation.

Explanation:

A.P.E.X

glade to help!

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