Determine a card? holder minimum monthly payment

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A credit card company determines a card? holder's minimum monthly payment by adding all new interest to? 1.5% of the outstanding principal. The credit card company charges an interest rate of 0.05676?% per day. On November 20?, a customer used his credit card to pay for the following business? expenses: van repairs ?($?822), equipment maintenance ?($394?), office supplies ?($?86), and dinner with clients ?($195?). Use the given information and the rule that minimum payments are rounded up to the nearest dollar to answer parts a and b below

Reference no: EM133004971

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