DQuestion 3Last month, Kaitlin's average daily balance on her credit card was $1,268.52. The annual interestrate on that credit card is 15.1%. The minimum payment on that card is the interest charge (r1= B-n) plus 2% of the ending balance or $25, which ever is larger. If there were 31 days in365that month and the ending balance was $1,945.13, what would be the minimum payment thatKaitlin could make?3 ptsRound your answer to the nearest penny. Input the number. Do not input the dollar sign. Do notuse a comma. Example: 89.65Question 43 ptsLast month, Kaitlin's average daily balance on her credit card was $1,813.55. The annual interestrate on that credit card is 17.25%. The minimum payment on that card is the interest charge (1 = B.n) plus 1% of the ending balance or $25, which ever is larger. If there were 30 days in365that month and the ending balance was $2,907.68, what would be the balance on her credit cardafter she made that payment for that month?Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do notuse a comma. Example: 1289.6570°F Partly sunny

Answered: Image /qna-images/answer/c1612ced-089d-41d0-9853-0df5a9a1d76b.jpg

Question 3 3 pts Last month, Kaitlin's average daily balance on her credit card was $1,268.52. The annual interest rate on that credit card is 15.1%. The minimum payment on that card is the interest charge ( r n) plus 2% of the ending balance or $25, which ever is larger. If there were 31 days in 365 that month and the ending balance was $1,945.13, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do not use a comma. Example: 89.65

Question 3 3 pts Last month, Kaitlin's average daily balance on her credit card was $1,268.52. The annual interest rate on that credit card is 15.1%. The minimum payment on that card is the interest charge ( r n) plus 2% of the ending balance or $25, which ever is larger. If there were 31 days in 365 that month and the ending balance was $1,945.13, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do not use a comma. Example: 89.65

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 16E

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