Joey has a credit card that uses the previous balance method The opening balance of one of his 30 day billing cycles was 0 but

Question

Joey has a credit card that uses the previous balance method The opening balance of one of his 30 day billing cycles was 0 but this was his balance for only the first 15 days of the billing cycle He then made a purchase that increased his balance to 7200 and his balance stayed this amount for the remainder of the billing cycle If his credit card s APR is 13 how much was Joey charged in interest for the billing cycle OA 76 93 B 0 C 38 47 D 93 60

Kunduz · Accepted Answer

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