Which method for calculating a credit card balance takes into account both the purchases and the payments made during the current billing cycle? a. subsequent balance method b. previous balance method c. adjusted balance method d. average daily balance method

The Correct Answer is D

Explanation:

In the Daily average balance method, the balance is the middling of all daily equalizer for the last month.The Average daily balance method is the process for calculating the finance charge on a credit card loan. Add the outstanding amount for your account for every day of the month.It divides the total steps one by one with the quantity of the days in the month to find out the Average daily balance.  

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