Monique's credit card charges interest of 20.85% per annum on unpaid balances. On her March 12 statement , she had a balance of $739.65. By the due date, she made the minimum payment (5% or $10.00, whichever is greater.). On March 16 she made a purchase of $179.39.

Question

Monique's credit card charges interest of 20.85% per annum on unpaid balances. On her March 12 statement , she had a balance of $739.65. By the due date, she made the minimum payment (5% or $10.00, whichever is greater.). On March 16 she made a purchase of $179.39.
a. if she makes no other purchases or payments, what will her balance be on her next statement, dated April 12?
b. on her April 12 statement, what will her minimum payment be?

PinkFloyd · Answer

A.= 894.27 $ B.= 44.71$

Writeacher · Answer

Pink Floyd needs to learn to put the dollar sign in FRONT of the answers!! % <~~This sign goes after numerals. $ <~~This sign goes BEFORE the numerals.