Multiple Choice
It's November and Mia's credit card has a balance of $7,500. The minimum payment due is $300. The APR is 23%. If she pays only the minimum payment this month, how much of the payment will go toward principal?
A) $141.75.
B) $146.85.
C) $158.25.
D) $161.65.
Correct Answer:
Verified
Correct Answer:
Verified
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