the correct answer is A.bonita will pay less interest with the adjusted balance method and average daily balance method, but not with the previous balance method. i just took the test
Answer:
A
Explanation:
Since Bonita has paid her bill during the billing cycle and not at the end of it, then She will pay less of her due interest.
Bonita has a due interest to pay, so the Average Balance or Adjust Balance Method will recalculate the new and reduced amount of interest by the end of the billing cycle.
Her payment was made during the billing cycle. The methods that lowers her finance charge are the Average Daily Balance Method or Adjust Balance.
The previous one does not lower the interest due, with prior payments
