Question

Memorial Hospital states that the minimum payment it will accept is $50 or 15% of the account,
whichever is higher. If an account has a balance of $350.00, what is the minimum payment the hospital will accept from the patient?

Answer 1

Using proportions, it is found that the minimum payment the hospital will accept from the patient is of $50.

What is a proportion?

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

15% of the balance of $350.00 is given by:

B = 0.15 x 350 = $52.5.

Which is a higher amount than $50, hence the minimum payment the hospital will accept from the patient is of $50.

More can be learned about proportions at https://brainly.com/question/24372153

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