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3 years ago

6

The minimum monthly payment for Jason's credit card is 2% of his balance or $20, whichever is higher. If Jason's balance at the

end of his last billing cycle was $1510, what is his minimum monthly payment?

1 answer:

Evgen [1.6K]3 years ago

4 0

1510*0.02=$30.20 which is larger than $20.00. 2%= 0.02

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