Provide an appropriate response.Which of the following statements is correct?

A. The average daily balance is the same as the average balance.
B. The average daily balance is equal to the sum of the daily balances divided by the number of days in the billing cycle.
C. An open-end loan disallows additional credit until the initial amount is paid off.
D. With open-end loans, an individual makes regular fixed dollar payments for a specified period of time.


Answer: B

Mathematics

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A.
B.
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D.

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A. 0.52 ft B. 0.26 ft C. 0.90 ft D. 0.21 ft

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Indicate whether the statement is true always, sometimes, or never.When i is raised to an odd power, the result is -1.

A. Always B. Sometimes C. Never

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