Question

Brooke's credit card has an unpaid balance of $900. The minimum monthly payment is $50 plus 2% of the unpaid balance. Find her minimum monthly payment.

Answer 1

Brooke's credit card has an unpaid balance of $900. The minimum monthly payment is $50 plus 2% of the unpaid balance. Find her minimum monthly payment.

step 1

Find out 2% of the unpaid balance

remember that

2%=2/100=0.02

so

Multiply $900 by 0.02

900*0.02=$18

step 2

Find her minimum monthly payment.

Adds the unpaid balance plus $50

so

50+18=$68

answer is $68