Marian's new balance on her credit card statement is $148.73. If her minimum payment is 12 percent of the balance, what must she pay?

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asked Mar 22, 2017 225k views

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Subin Sebastian · Answer 1 · 2017-03-28T13:21:09+0000

To determine the minimum amount that Marian should pay for her credit card, multiply the new balance on her credit card with the percentage given. This is shown below.

m = ($148.73) x 0.12 = $17.8476

Thus, Marian's minimum payment is approximately $17.85.

Marian's new balance on her credit card statement is $148.73. If her minimum payment is 12 percent of the balance, what must she pay?

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