187,419 views
29 votes
29 votes
Fran is going to transfer her credit card balance over to a new card. She has an existing balance of $752. 69. Her current card charges her a transfer fee of 12. 5%, added to her balance, for transferring her debt. The new card has an opening fee of $50, which is also added to her balance. She will also have to make an immediate minimum payment, which is 3. 35% of her total balance. How much will her balance be after she makes this payment, assuming that she pays the minimum amount? Round all dollar values to the nearest cent. A. $866. 74 b. $868. 40 c. $818. 41 d. $926. 82 Please select the best answer from the choices provided A B C D.

User Shamar Yarde
by
2.5k points

2 Answers

12 votes
12 votes

Answer:

✅ C. $818

⬇️ i got 100% on the test

Fran is going to transfer her credit card balance over to a new card. She has an existing-example-1
User Learner
by
3.6k points
25 votes
25 votes

Answer:

$752.69 + 12.5%=$753+$50=$803+ 3.35%=803.0335=

answer: c. $818.

Explanation:

User CallumVass
by
3.5k points