Last month, Kaitlin's average daily balance on her credit card was $1,389.12. The annual interest rate on that credit card is 17.85%. The minimum payment on that card is the interest charge ( I= B. •n) plus 3% of the ending balance or $25, which 365 ever is larger. If there were 28 days in that month and the ending balance was $1,916.47, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do not use a comma. Example: 89.65

Last month, Kaitlin's average daily balance on her credit card was $1,389.12. The annual interest rate on that credit card is 17.85%. The minimum payment on that card is the interest charge ( I= B. •n) plus 3% of the ending balance or $25, which 365 ever is larger. If there were 28 days in that month and the ending balance was $1,916.47, what would be the minimum payment that Kaitlin could make? Round your answer to the nearest penny. Input the number. Do not input the dollar sign. Do not use a comma. Example: 89.65

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Description: Last month, Kaitlin's average daily balance on her credit card was $1,389.12. Theannual interest rate on that credit card is 17.85%. The minimum payment on that cardis the interest charge ( I= B .•n) plus 3% of the ending balance or $25, which365eve

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 6P

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