A. end; payments
B. beginning; purchases
C. beginning; payments
D. end; purchases
Answer:
C. beginning; payments
Step-by-step explanation:
The adjusted balance method is a method that is usually used by banks in which they calculate the interest at the end of the period by taking the initial balance adding all the adjustments made to the account like a payment and then they calculate the interest using the end balance. According to this, the answer is that adjusted balance method calculates interest using the balance at the beginning of a billing cycle, adjusted by any payments made during the period.