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


Sagot :

The method for calculating a credit card balance does not take into account the purchases made during the current billing cycle is known as the adjusted balance method.

What is a billing cycle?

It should be noted that a billing cycle simply means the interval from the end of a billing period to another.

In this case, the method for calculating a credit card balance does not take into account the purchases made during the current billing cycle is known as the adjusted balance method.

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