Terry has a credit card that uses the average daily balance method. For the
first 18 days of one of his billing cycles, his balance was $350, and for the last
12 days of the billing cycle, his balance was $520. If his credit card's APR is
14%, which of these expressions could be used to calculate the amount Terry
was charged in interest for the billing cycle?
A.
B.
C.
D.
0.14
365
0.14
365
0.14
365
0.14
365
12. $350 +18 $520
31
31) (¹²
12 $350 +18 $5201
30
•30)(12.
18 $350 +12. $520
30
30) (19
18$350 +12. $520
31
31) (18.
