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Last month, Karley's average daily balance on her credit card was $1,432.20 The annual interest rate on that credit card is 17.9%. The minimum payment
Last month, Karley's average daily balance on her credit card was $1,432.20 The annual interest rate on that credit card is 17.9%. The minimum payment on that card is the interest charge (1=B365rn) plus 2% of the ending balance or $25, whichever is larger. If there were 30 days in: that month and the ending balance was $1,826.40, what would be the minimum payment that Karley could make? Round your answer to the nearest penny. $42.38 $62.48 $72.40 $57.60
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