Answer:
D. 550.00, 559.90, 569.98, 580.24, 590.68, ...
Explanation:
So, her debt will increase of the interest rate of 1.8% on a credit card.
You have to multiply the rate by the amount that she owes. So, when you multiply 1.8% by $550 you get $9.90 amd you habe to add that to what she owes. You can't keep adding $9.90 because now her debt increased from $550 to $559.90. You now have to multiply $559.9 by 1.8% inorder to get her new amount of debt. If you multiply 1.8% by $550, then you are saying that she only has $550 as debt even though she now has $559.90 im debt. You must keep multiplying her new amount of debt by 1.8% to get her increasing monthly balance.