The minimum monthly payment for alicia's credit card is 2% of her balance or $10, whichever is higher. if alicia's balance at the end of her last billing cycle was $470, what is her minimum monthly payment?

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Alicia's minimum monthly payment is $10.

Step-by-step explanation:

Given is :

Alicia's balance at the end of her last billing cycle was $470. So, its 2 % becomes:

= $9.40

As it is stated that the minimum monthly payment for Alicia's credit card is 2% of her balance or $10, whichever is higher.

Therefore, $10 is higher amount than $9.40

So, the correct answer is: Alicia's minimum monthly payment is $10.

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step-by-step explanation:

36 is the final answer! : )