Question

Tim's credit card has a restriction that he must pay either 15 percent of the unpaid balance or $25, whichever is greater

Which will he pay if he has an unpaid balance of $216?

A) $25
B) 15%

Answer 1

He has to pay 15% as that is 32 and more than $25

Explanation:

If you take 15% out of 216 it will become 32.