Mathematics, 23.10.2020 06:01 phebusadrian01
Terri opens a credit card in which the minimum monthly payment is 8%. Her current balance is $2,950, not including the finance charge, and the APR is 23.5%. Assuming she makes a payment of $600 this month, how much will the minimum monthly payment be for the next month?
a.) $693.25
b.) $236.00
c.) $556.87
d.) $192.62
Answers: 2
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Terri opens a credit card in which the minimum monthly payment is 8%. Her current balance is $2,950,...
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