Need an understanding Determine whether the following statement makes sense or does not make sense, and explain your reasoning.The balance due on my credit card from last month to this month increase even though I made no new purchases.Choose the correct answer below.O A. The statement does not make sense. Because no new purchases were made, the average daily balance would remain unchanged, so there would be nochange in the balance due,O B. The statement does not make sense. Because no new purchases were made, the credit card was unused for that month, which means its balance due cannotchange.O C. The statement makes sense. The balance due on a credit card always increases, even if no new purchases are maded.O D. The statement makes sense. The interest charges from the previous month would add to the average daily balance, which would increase the balance due.

Name: Need an understanding Determine whether the following statement makes
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: Need an understanding Determine whether the following statement makes sense or does not make sense, and explain your reasoning.The balance due on my credit card from last month to this month increase even though I made no new purchases.Choose the cor