posted by clara on .
If creditors give you no credit for payments made during the billing period, this is called the:
A. APR method.
B. discount method.
C. previous balance method.
D. adjusted balance method.
My choice is A, but Im a little confused.
I don't think any of these answers is correct.
I don't either, but I have to pick one. Which one do you think would be the best answer?
You do not have to pick one. Tell your instructor that this question has an error. If your school and instructor are worth their money, they'll exempt this question -- or give you credit for any answer.
I see a lot of erroneous questions and answer choices from online for-profit schools.
Previous billing method
Previous balance method.