lilkassrocks
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Otto charged $445 to his credit card last month. What is the first minimum payment he must make?

A. $55.63

B. $44.50

C. $30.00

D. $31.15

RIGHT ANSWER GETS BRAINLIEST!

Otto charged 445 to his credit card last month What is the first minimum payment he must make A 5563 B 4450 C 3000 D 3115 RIGHT ANSWER GETS BRAINLIEST class=

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sqdancefan

Otto's payment is required to be the larger of $30 or 7% of the balance. His balance is $445, so 7% of that amount is ...

... 0.07 × $445.00 = $31.15

This number ($31.15) is larger than $30, so is the amount he must pay.

The appropriate choice is ...

... D. $31.15

The answer would be D

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