Ember

Mathematics

24 January, 18:05

Jessica's credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The following table details Jessica's use of her credit card in the month of October. Date Amount ($) Transaction 10/1 1,240.55 Beginning balance 10/2 36.43 Purchase 10/10 75.00 Payment 10/13 131.79 Payment 10/20 41.52 Purchase 10/22 25.00 Purchase What is Jessica's adjusted balance for October? a. $1,136.71 b. $1,033.76 c. $1,140.55 d. $1,240.55