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Mathematics, 04.10.2021 20:30, lnelson9127
Laura’s credit card has an APR of 12.04%, and it computes finance charges using the daily balance method and a 30-day billing cycle. On June 1st, Laura had a balance of $606.40. She made exactly one transaction in June: a payment of $55.25. If Laura’s finance charge for June was $5.71, on which day did she make the payment?
a.
June 8th
b.
June 12th
c.
June 15th
d.
June 20th
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Answers: 3
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Laura’s credit card has an APR of 12.04%, and it computes finance charges using the daily balance me...
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