The minimum monthly payment for anita's credit card is 2% of her balance or $10, whichever is higher. if anita's balance at the

Question

2 years ago

14

end of her last billing cycle was $360, what is her minimum monthly payment? show your work.

2 answers:

ioda · Answer 1 · 2022-08-03T14:42:48+03:00

Answer:

⇒minimum payment is 2% of her balance or 10 bucks...whichever is greater...

her balance is 360

2% of 360 =

0.02(360) = 7.20

$ 10 is greater then 7.20 so ur answer is $ 10

pls mark as brainlesttttt

levacccp [35] · Answer 2 · 2022-08-03T16:19:15+03:00

levacccp [35]2 years ago

5 0

Answer:

Her minimum payment would be $10.

Step-by-step explanation:

To find this, first find 2% of her statement. We can do this by multiplying the amount by the percentage.

$360 * 2% = $7.20

Now, since this is less than the given minimum, she pays the $10 minimum.