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Mathematics
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Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. Round to nearest cent. $300 balance, 17%, $50 payment a. what is the previous balance method? I keep coming up with $4.25 but that cant be right. b. what is the adjusted balance method? I keep coming up with $35.42 but that cant be right. c. what is the average daily balance method? I keep coming up with $3.28, is that right? I will give medals, I really need help with this please...
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