The opening balance of one of the billing cycles for Bonita's credit card was $912. If she makes a payment during the billing cy
cle but doesn't make any new purchases, which of these is an accurate statement? A. Bonita will pay less interest with the adjusted balance method and the average daily balance method, but not with the previous balance method.
B. Bonita will pay less interest with the average daily balance method, but not with the adjusted balance method or the previous balance method.
C. Bonita will pay less interest with the adjusted balance method, but not with the averag
the correct answer is A.bonita will pay less interest with the adjusted balance method and average daily balance method, but not with the previous balance method. i just took the test
Since Bonita has paid her bill during the billing cycle and not at the end of it, then She will pay less of her due interest.
Bonita has a due interest to pay, so the Average Balance or Adjust Balance Method will recalculate the new and reduced amount of interest by the end of the billing cycle.
Her payment was made during the billing cycle. The methods that lowers her finance charge are the Average Daily Balance Method or Adjust Balance.
The previous one does not lower the interest due, with prior payments
<span>This demonstrates of the principle of competitiveness. Every company wants a 'piece of the pie'. If this street is located in a high traffic area, then Arby's is giving McDonald's and Burger King some good old fashioned competition.</span>
