Question

your credit card balance is $1150 and the minimum monthly payment required is 3%. what is the minimum amount you must pay this month?

A $25.50
B $31.00
C $34.50
D $39.00

Answer 1

multipy the amount on the credit card by 3% or 0.03. this will give you the amount you need to pay.

Answer 2

$2500

Answer 3

$34.50