Question: This balance calculation method sums the outstanding balance for each day of the billing cycle, excluding all new purchases and payments applied to the account.

This balance calculation method sums the outstanding balance for each day of the billing cycle, excluding all new purchases and payments applied to the account. This calculation is then divided by the number of days within the billing cycle. Group of answer choices Average daily balance including new charges method. Adjusted balance method. Previous balance method. Average daily balance excluding new charges method

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