Suppose the minimum monthly payment on your credit card is the higher of 2% or $10, and your balance at the end of the month is $7200. What is the minimum amount you owe? $10 $72 $144 $720

Suppose the minimum monthly payment on your credit card is the higher of 2% or $10, and your balance at the end of the month is $7200. What is the minimum amount you owe?

$10
$72
$144
$720

1 Answer

Suppose the minimum monthly payment on your credit card is the higher of 2% or $10, and your balance at the end of the month is $7200. What is the minimum amount you owe? $10 $7…

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