Question

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

Answer 1

previous balance

Step-by-step explanation:

Answer 2

The adjusted balance method

Step-by-step explanation:

Using the adjusted balance method gives consumers a grace period on new purchases because new purchases made in the current billing cycle aren't added to the adjusted balance.