Solve the problem. Assume that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance.If the annual interest rate is 15.99%, find the difference between the minimum payment and the interest owed on an unpaid balance of $728.97 that is 1 month overdue.

A. $17.29
B. $12.76
C. $12.22
D. $14.29


Answer: A

Mathematics

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