3 years ago

4) Manuel has an outstanding credit balance of $1117.00 on a credit card. The minimum

Mathematics

1 answer:

Natali5045456 [20]3 years ago

8 0

<h3>Answer: $78.19</h3>

Work Shown:

7% of balance = 7% of 1117.00 = 0.07*1117.00 = 78.19

Since 78.19 is larger than 20.00, we go with 78.19 as the minimum monthly payment.

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