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A credit card states that your payment will be a minimum of $15 plus 1% of your unpaid balance. Your unpaid balance is $2,365.What is your payment this month?
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Dec 14, 2018
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A credit card states that your payment will be a minimum of $15 plus 1% of your unpaid balance. Your unpaid balance is $2,365.What is your payment this month?
Mathematics
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Alright, to get 1% of his unpaid balance, we can make 1% = 0.01 by moving the decimal place 2 places over. Multiplying 0.01 by 2365 gets 1% of your unpaid balance=23.65. Since we have to add 15 as a base value, we have
15+23.65=38.65
Tory
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Dec 19, 2018
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