Question

Find the minimum payment on an unpaid balance of ​$. Assume that the minimum payment on a credit card is the greater of ​$ or ​% of the unpaid balance.

Answer 1

Answer:

$27

Explanation:

Giving that the most important(all in actuality) values related to the question are not listed, I'd do well to improvise and assume. And as such, I have these

I'm assuming that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance. And thereafter, proceeding to find the minimum payment on an unpaid balance of about $815.69.

To do this, we use simple arithmetic to first find the value of the percentage in dollars, so that

3% of $815.69 = 3/100 * 815.69 = $24.471

Remember that drum the question, the minimum payment is greater than 3% of the unpaid balance or $27. Given than 24.47 is less than 27, our answer is $27