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3 July, 19:18

May currently has a balance of $1,817.43 on her credit card. If she must make a minimum monthly payment of 3.44% of her total balance, what is her minimum payment, to the nearest cent? a. $5.21 b. $62.52 c. $40.84 d. $51.49

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  1. 3 July, 20:58
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    To get the answer, you have to multiply 1,817.43 by 0.0344 (decimal form of 3.44%). So that would equal 62.52.

    B. $62.52
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