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7 June, 11:33

Suppose the minimum monthly payment on your credit card is the higher of 2% or $10, and your balance at the end of the month is $7200. What is the minimum amount you owe?

$10

$72

$144

$720

+5
Answers (1)
  1. 7 June, 13:27
    0
    2% of 7200 is 72 so the second choice is your answer
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