Question

HELP ASAP! MULTIPLE CHOICE(PLEASE try to show steps)

Kevin's hydro-electric company charges a 1.7% late fee on an overdue
balance. The company charged him $0.76 for an overdue balance. What was
the balance on which this fee was based?

A) $26.84
B) $44.71
C) $3.49
D) $48.28

Answer 1

$44.71 B

Explanation:

Take the answers they gave you and multiply them by 1.7%. For B it would look like 44.71 times 1.7%(you can do it in a calculator).When you multiply them it should result in the money charged for overdue balance. (0.76). Feel free to clarify, hope it helps