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Laura’s credit card has an APR of 12.04%, and it computes finance charges using the daily balance method and a 30-day billing cycle. On June 1st, Laura had a balance of $606.40. She made exactly one transaction in June: a payment of $55.25. If Laura’s finance charge for June was $5.71, on which day did she make the payment?

User Silvina
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2 Answers

4 votes

Answer:

The answer is June, 15th

Explanation:

User Stickers
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1 vote
Tuesday I think I have to double check
User Omer Aslam
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