Mathematics, 09.02.2021 18:00 Neri2000

Sergei has a credit card that uses the average daily balance method. For the first 12 days of one of his billing cycles, his balance was $350, and for the last
18 days of the billing cycle, his balance was $520. If his credit card's APR is
14%, which of these expressions could be used to calculate the amount
Sergei was charged in interest for the billing cycle?
A.
0.14
. 30
365
18. $350 + 12. $520
30
B.
0.14
.. 30
365
12. $350 +18.$520
30
C.
0.14
. 31
365
18.$350 +12. $520
31
D.
0.14
. 31
365
12. $350 + 18. $520
31

Answers: 3

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Sergei has a credit card that uses the average daily balance method. For the first 12 days of one o...

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