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Mathematics, 26.02.2020 23:29 rider1738

I need help with the last question of this problem: "A machine shop has a credit card that offers rebates on purchases. At the end of May, the company had a credit card bill of $19,477.47. The company must make a minimum payment that is the greater of $500 or 4.5% of the credit card bill."

What is 4.5% of the credit card bill (in dollars)? (Enter a number. Round your answer to the nearest cent.)

ANSWER: $876.49 = GREATER

What is the minimum monthly payment (in dollars) for May? (Enter a number. Round your answer to the nearest cent.)

$???.??

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Answers: 2

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