Tonya opens a credit card in which the minimum monthly payment is 10%. Her current balance is $1,950, not including the finance charge, and the APR is 17.5%. Assuming she makes a payment of $300 this month, how much will the minimum monthly payment be for the next month?
2 answers:
The answer is $167.84 just took the quiz
Did you ever figure out the answer? I'm trying to work on that same problem as well
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