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18 February, 23:50

Darryl's credit card has a minimum monthly payment of 2.51% of the card's balance. If Darryl currently owes $1,431.72, what is his minimum payment, to the nearest cent?

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  1. 19 February, 00:03
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    Darryl’s credit card has a minimum monthly payment of 2.51% of the card’s balance.

    Darryl currently owes $1,431.72. Let's solve his minimum payment.

    => 1,431.72 * 0.0251 = 35.94 dollars

    => 1,431.72 + 35.94 dollars = 1467.656172 or 1467.7 dollars.

    here you go ...
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