Question:

# Cecil has a credit card that uses the adjusted balance

Last updated: 1/19/2024

Cecil has a credit card that uses the adjusted balance method For the days of one of his 30 day billing cycles his balance was 340 He then made a purchase for 290 so his balance jumped to 630 and it remained that amount for the next 10 days Cecil then made a payment of 150 so his balance for the last 10 days of the billing cycle was 480 If his credit card s APR is 19 which of these expressions could be used to calculate the amount Cecil was charged in interest for the billing cycle O A 0 15 30 340 O B 0 19 365 30 10 340 10 630 10 150 C 0 19 30 lis190 30