Freida’s credit card has an APR of 13.73%, and it calculates her finance charge by using the daily balance method and a 30-day billing cycle. On September 1st, Freida had a balance of $449.22. During the month of September, she made a payment of $85.33 and a purchase of $60.99. How much greater will her September finance charge be if the purchase occurred on September 7th and the payment occurred on September 20th than it would be if the payment occurred on September 7th and the purchase occurred on September 20th? a. $0.13 b. $0.41 c. $0.72 d. $0.28

Respuesta :

Answer:

$0.72 C

Step-by-step explanation:

ON E2020 THE ANSWER IS CCC

Freida's ffinance charge on credit card if the purchase of $60.99 and payment of $85.33 occured between September 7th and 20th is $0.72 C which is option C.

What is APR 13.73% mean?

The interest on the credit amount for one year on the credit card.

  • Freida’s credit card has an APR is 13.73%

  • One month iinterest  0.1373÷12

                                    ⇒0.0115

APR for credit cards is charged on  purchased amount =$60.99

⇒Interest on $60.99 for 00ne month is= $60.99×0.0115  

                                                                   =$0.72

According to the given option:-

a. $0.13

b. $0.41

c. $0.72

d. $0.28

the answer will be option C $0.72.

Learn more about APR here: brainly.com/question/2772156

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