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Social Studies, 04.07.2019 18:30 briannarose2003

Francis has a credit card that uses the previous balance method. the opening balance of one of his 30- day billing cycles was 0, but this was his balance for only the first 15 days of the billing cycle he then made a purchase that increased his balance to 3600 and his balance stayed the same for the remainder billing cycle. if his credit card apr is 21%, how much was francis charged in interest for the billing cycle. a) $31.07 b) $62.14 c) $0 d) $75.60

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