Average daily balance method math

Asked by maham237 @ in Mathematics viewed by 324 People

Fannie has a credit card that uses the average daily balance method. For the
first 16 days of one of her billing cycles, her balance was $1050, and for the
last 14 days of the billing cycle, her balance was $1280. If her credit card's
APR is 19%, which of these expressions could be used to calculate the
amount Fannie was charged in interest for the billing cycle?
31
O A. ( 03.31 (16091050414 •$1200
O B. (09.0 (14-51050 +16 • 51200
OC. (1995-31 14-51050:16 • 51200)
OD. (09092016 $1050+ 14 $120

Answered by maham237 @


Answer:

the answer is c hope it helps

Step-by-step explanation:

the equation of the line that has a slope of -1/2 and a y-intercept of -2 is: y=-1/2x-2. all you really have to do here is replace m with -1/2, which is the slope you gave, and replace b with -2, the y-intercept you gave, in the equation y=mx+b.


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