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Jackson has a credit card with a balance of $6,999.  What will his minimum payment be if it is 3.5% of the balance?

 May 12, 2021
 #1
avatar+34306 
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3.5 % is .035 in decimal form

 

.035 * 6999 = payment = ____________ dollars

 May 12, 2021
 #2
avatar+335 
+2

Hey there, Guest!

 

So to solve for his minimum payment, we need to use this equation: 3.5%*6999.

 

Therefore the answer would be $244.965.

 

Hope this helped! :)

( ゚д゚)つ Bye

 May 12, 2021
edited by TaliaArticula  May 12, 2021

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