Computing minimum monthly payment of credit card

Reference no: EM13117293

Hamlet has a credit card balance of $4172.26 with an annual percentage rate of 23.2%. His card requires a minimum payment of 2% of the balance. What is his minimum payment?

Reference no: EM13117293

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Computing minimum monthly payment of credit card : Hamlet has a credit card balance of $4172.26 with an annual percentage rate of 23.2%. His card requires a minimum payment of 2% of the balance. What is his minimum payment?

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