thats the slope, you can also get a decimal out of it
Find the value of x and y (5y-23) (2x+13) (3x) 47
1 answer:
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thats the slope, you can also get a decimal out of it
Answer:
$31.80
Step-by-step explanation:
<u><em>The complete question is</em></u>
Use the details of Oakley's new credit card to answer the question that follows. APR 11.9% compounded monthly Grace Period 28 days Minimum Payment 4% of the remaining balance or $25, whichever is higher Oakley charged $795 to his credit card last month. What is the first minimum payment he must make?
step 1
Find out the 4% of the balance of $795
so
This amount is higher than $25,
therefore
The first minimum payment he must make is $31.80