What is $45 with a markup of 57%
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By using basic concept of percentage we got that minimum payment on Card E is 0.77 than on Card D.
<h3>What is percentage ?</h3>Percentage is a number or ratio expressed as a fraction of 100.
Here given that
Marilyn has two credit cards, D and E. Card D has a balance of $691. 64, and Card E has a balance of $1,014. 22. The minimum monthly payment on Card D is 3. 57% of the total balance, and the minimum monthly payment on Card E is 2. 51% of the total balance
So minimum balance of Card D is 3.57 Percentage of $ 691.64
minimum balance of Card E is 2. 51 Percentage of $1,014. 22.
Now we can see that minimum balance of Card E is 25.49-24.69=0.77 extra that on D
By using basic concept of percentage we got that minimum payment on Card E is 0.77 than on Card D.
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