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21 December, 16:29

The minimum monthly payment for Anita's credit card is 2% of her balance or $10, whichever is greater. If Anita's balance at the end of her last billing cycle was $360, what is her minimum monthly payment?

A. $17.20

B. $2.80

C. $10.00

D. $7.20

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Answers (2)
  1. 21 December, 16:34
    0
    360 * 0.02 = 7.20

    7.20 is less than 10

    so her payment is C. $10.00
  2. 21 December, 16:54
    0
    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 <==
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