Multiple Choice
Which of the following methods of calculating finance charges on credit cards is least favorable to the cardholder?
A) Previous balance method
B) Ending balance method
C) Average daily balance method
D) Adjusted balance method
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q46: As of November 14, Ben has an
Q47: It is not difficult to find a
Q48: Credit card companies offer many incentives, such
Q49: As of November 14, Ben has an
Q50: Which of the following is not true
Q52: The annual percentage rate (APR) is useful
Q53: Prestige cards may charge higher annual fees,
Q54: Which of the following statements is not
Q55: A self-imposed credit limit indicates that you
Q56: In applying for a credit card, the