Convert 2/50 to percent
2 answers:
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Answer:
Fran's balance will be $866.73.
Step-by-step explanation:
She has an existing balance of $752.69
Her current card charges her a transfer fee of 12.5%, added to her balance, for transferring her debt.
This becomes:
Total is :
The new card has an opening fee of $50, which is also added to her balance.
This becomes now =
She will also have to make an immediate minimum payment, which is 3.35% of her total balance.
This amount is =
Now balance in her account is =
So, Fran's balance will be $866.73.