The minimum monthly payment for Janice's credit card is 2% of her balance or $10, whichever is higher. If Janice's balance at the end of her last billing cycle was $820, what is her minimum monthly payment?

A) $16.40

B) $10.00

C) $25.20

D) $5.20

Question

8 January, 14:15

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Answers (1)

Know the Answer?

Delilah Larsen · Answer 1

820*.02=16.4

correct answer is A) $16.40

The minimum monthly payment for Janice's credit card is 2% of her balance or $10, whichever is higher. If Janice's balance at the end of her last billing cycle was $820, what is her minimum monthly payment?A) $16.40B) $10.00C) $25.20D) $5.20