May currently has a balance of $1,817.43 on her credit card. if she must make a minimum monthly payment of 3.44% of her total balance, what is her minimum payment, to the nearest cent? a. $5.21 b. $62.52 c. $40.84 d. $51.49 please select the best answer from the choices provided a b c d

Respuesta :

She makes a minimum monthly payment of 62.52 dollars. Then the correct option is B.

What is the percentage?

The amount of something is expressed as if it is a part of the total which is a hundred. The ratio can be expressed as a fraction of 100. The word percent means per 100. It is represented by the symbol ‘%’.

May currently has a balance of $1,817.43 on her credit card.

If she must make a minimum monthly payment of 3.44% of her total balance.

Then the minimum payment will be given as

Minimum payment = 0.0344 × 1817.43

Minimum payment = 62.519 ≅ 62.52

More about the percentage link is given below.

https://brainly.com/question/8011401

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