Find the minimum payment on an unpaid balance of $1,203.96. Assume that the minimum payment on a credit card is the greater of $14 or 3% of the unpaid balance. The minimum payment is $. (Round to the nearest cent as needed.)

Math

Find the minimum payment on an unpaid balance of $1,203.96. Assume that the minimum payment on a credit card is the greater of $14 or 3% of the unpaid balance. The minimum payment is $. (Round to the nearest cent as needed.)