End of
month
New
charges
$900.00
Principal
paid
$0.00
OWN
Previous
balance
$0.00
$900.00
$899.25
5898 50
5897.75
$897.00
5896 26
Payment
received
$0.00
$18.00
$17.99
$17.97
$17.96
$17.94
$17.93
Finance
charges
$0.00
$17.25
$17.24
$17.22
$17.21
$0.75
$0.75
50.75
$0.75
New
balance
$900.00
$899.25
$898.50
$897.75
$897.00
$896.26
$895,51
50.75
$17.19
$17
How are finance charges calculated?
O
A. Previous balance + new charges + principal paid
O
B. Payment received - finance charge
O
C. Interest. previous balance
O
D. Payment received + finance charge