Marcia has a balance of $1700 on her credit card, which she plans to pay off by making a payment of the same amount each month.

Question

2 months ago

5

Which of these monthly amounts will allow Marcia to pay off her balance fastest?
A. $55
B. $45
C. $75
D. $90

2 answers:

PIT_PIT [12.4K] · Answer 1 · 2026-04-05T12:08:59+03:00

Remaining balance on Marcia's credit card = $1700

Marcia believed she could clear her debt by making consistent monthly payments.

Given the four provided payment options, we need to determine which one will help her pay off her balance the quickest.

A.→ 55 × Number of months = 1700

Number of months = $\frac{1700}{55}=31$ months (approximately)

B. → 45 × Number of months = 1700

Number of months = $\frac{1700}{45}=38$ months (approximately)

C.→ 75 × Number of months = 1700

Number of months = $\frac{1700}{75}=23$ months (approximately)

D.→ 90 × Number of months = 1700

Number of months = $\frac{1700}{90}=19$ months (approximately)

Choosing to pay $90 monthly would allow Marcia to settle her balance in the shortest time.

Zina [12.3K] · Answer 2 · 2026-04-05T12:06:52+03:00

5 0

Response:

$90

Detailed explanation: