Mathematics, 19.02.2020 03:51 marknjenbennetp3j1v1

Tamika opens a credit card in which the minimum monthly payment is 15%. Her current balance is $2,450, not including the finance charge, and the APR is 20.5%. Assuming she makes a payment of $400 this month, how much will the minimum monthly payment be for the next month?

$367.50

$502.25

$313.78

$426.53

Answers: 3

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Tamika opens a credit card in which the minimum monthly payment is 15%. Her current balance is $2,45...