Which Method of Figuring Your Finance Charge on Your Credit

question 61

Multiple Choice

Which method of figuring your finance charge on your credit card is calculated by taking the payments or credits received during the current billing period and subtracting them from the balance at the end of the previous billing period?

• A)Average daily balance method
• B)Minimum finance charge
• C)Credit limit
• D)Adjusted balance method

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Graphic Artist

A professional who creates visual content through drawing, designing, and illustrating, often for commercial or promotional purposes.

Smaller Tasks

Breakdown of larger projects or objectives into more manageable, bite-sized pieces.

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A schedule that organizes appointments, tasks, and events by day.

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