Ask Question
28 September, 03:47

The minimum monthly payment for Andrew's credit card is 2% of his balance or $20, whichever is higher. If Andrew's balance at the end of his last billing cycle was $870, what is his minimum monthly payment?

+1
Answers (1)
  1. 28 September, 06:19
    0
    Hi there

    2%=0.02

    2% of 870

    0.02*870=17.4

    whichever is higher

    20 is higher than 2%

    So the minimum monthly payment is

    20

    Good luck!
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The minimum monthly payment for Andrew's credit card is 2% of his balance or $20, whichever is higher. If Andrew's balance at the end of ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers