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Author Question: The _________________________ method is the most commonly used method for calculating the finance ... (Read 91 times)

luvbio

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on: Jun 24, 2018
The ___________________ ______ method is the most commonly used method for calculating the finance charge on credit card balances.
 Fill in the blank(s) with correct word

Question 2

A credit card finance charge is found by multiplying the balance by the finance charge rate, or ___________________ _.
 Fill in the blank(s) with correct word


vickyvicksss

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Reply #1 on: Jun 24, 2018
Answer to Question 1

average daily balance

Answer to Question 2

periodic rate


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