The Most Expensive Method for Determining Finance Charges on Revolving

The most expensive method for determining finance charges on revolving credit would be the:

A) average daily balance (ADB) method, including new purchases.
B) average daily balance (ADB) method, excluding new purchases.
C) annual percentage rate (APR) method, including new purchases.
D) annual percentage rate (APR) method, excluding new purchases.
E) annual percentage rate (APR) method, excluding new purchases for student credit cards.

Correct Answer:

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