Business

Wyatt Gay

14 May, 20:17

Ronnie has a credit card that uses the previous balance method. the opening balance of one of his 30-day billing cycles was $4790, but that was his balance for only the first 4 days of the billing cycle, because he then paid off his entire balance and didn't make any new purchases. if his credit card's apr is 15%, which of these expressions could be used to calculate the amount ronnie was charged in interest for the billing cycle?

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