6
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Question 6 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Adam’s credit card calculates finance charges using the adjusted balance method and a 30-day billing cycle. The table below shows his use of that credit card over three months.DateAmount ($)Transaction4/1626.45Beginning balance4/1037.41Purchase4/1244.50Purchase5/365.50Payment5/1624.89Purchase5/20104.77Payment6/623.60Payment6/1015.00Purchase6/1451.85PurchaseIf Adam’s credit card has an APR of 14.63%, what is Adam’s balance at the end of June?a.$629.42b.$629.66c.$627.27d.$628.40

Answer
A
A
B
B
C
C
D
D
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Adam’s credit card calculates finance charges…