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?
Mathematics · High School · Thu Feb 04 2021
llm
Answered on
According the question
2.51% of balance
balance is 1431.72
then
2.51% of 1431.72
=2.51%x1431.72
=2.51/100 x 1431.72
=0.0251x1431.72
=$35.93 minimum payment of card