Mathematics
Mathematics, 03.12.2019 06:31, taylorb1833

Melody has a credit card that uses the previous balance method. the opening balance of one of her 30-day billing cycles was $0, but this was her balance for only the first 15 days of the billing cycle. she then made a purchase that increased her balance to $4800, and her balance stayed this amount for the remainder of the billing cycle. if her credit card's apr is 29%, how much was melody charged in interest for the billing cycle? a. $57.21 b. $0 c. $139.20 d. $114.41

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Melody has a credit card that uses the previous balance method. the opening balance of one of her 30...

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