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22 December, 05:17

Which method for calculating a credit card balance does not take into account the purchases or the payments made during the current billing cycle?

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  1. 22 December, 06:58
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    Which method for calculating a credit card balance does not take into account the purchases or the payments made during the current billing cycle? The adjusted billing method. When a company uses the adjusted billing method they use they use the items from the previous billing cycle to calculate finance charges. This gives a grace period to purchased made during the current billing cycle.
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