Estimate the Answer by Picking the Best Choice Without Calculating

question 83

Multiple Choice

Estimate the answer by picking the best choice without calculating. The method of calculation disadvantageous both to the consumer and to the credit card company is the

• A) previous balance method
• B) adjusted balance method
• C) average daily balance method
• __________ (Enter A, B, or C )

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Definitions:

Conscious Experience

The awareness of internal and external stimuli, encompassing thoughts, feelings, and perceptions.

Introspection

The examination or observation of one's own mental and emotional processes.

Psychology

The scientific study of the mind and behavior, including aspects of conscious and unconscious experience as well as thought and emotion.

Mind and Behavior

The relationship and interaction between mental processes (thoughts, emotions) and actions or responses.