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Tabitha opens a credit card in which the minimum monthly payment is 13%. Her current balance is $1,450, not including the finance charge, and the APR is 14.5%. Assuming she makes a payment of $500 this month, how much will the minimum monthly payment be for the next month?

2 Answers

7 votes

Answer:

the answer is A

Explanation:

User Rikki Gibson
by
4.8k points
5 votes

Answer:

$125.78

Explanation:

Took the quiz and this was the correct answer!

User Jobins John
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5.3k points