Which of the following is correctly punctuated? Many methods are used to calcula

Question

Which of the following is correctly punctuated?

Many methods are used to calculate finance charges; for example, average daily balance, adjusted balance, two-cycle average daily balance, and previous balance. Many methods are used to calculate finance charges: for example, average daily balance, adjusted balance, two-cycle average daily balance and previous balance. Many methods are used to calculate finance charges, for example, average daily balance, adjusted balance, two-cycle average daily balance, and previous balance.

Explanation / Answer

A Colon ":" is used only after a complete statement sentence. In the given example, "Many methods are used to calculate finance charges" is a complete sentence and therefore it is appropriate to use a ":"after the word "charges.

Also at the end , the word "and" is joining two words namely "balance" and "previous" and therefore use of "," is not required.

In view of above , the correctly punctuated statement is :

" Many methods are used to calculate finance charges: for example , average daily balance , adjusted balance, two cycle average daily balance and previous balance"

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