Jay currently has a balance of $2,375 on her credit card. If she must make a minimum monthly payment of 5.8% of her total balanc
e, what is her minimum payment, to the nearest cent?
1 answer:
Answer:
$137.75
Step-by-step explanation:
question is 'what is 5.8% of 2375'
'what' means assign a variable
'is' means an equal sign
'of' means to multiply
p = .058 x 2375
p = 137.75
*You could do the following: p = 5.8 x 2375 and get 13775 but you have to remember to move the decimal point two places to the left
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