The Fran's balance will be $866.73.
She has an existing balance of $752.69
Her current card charges her a transfer fee of 12.5%, added to her balance, for transferring her debt.
An even distribution of weight enabling someone or something to remain upright and steady.
Which is given by,
[tex]0.125\times 752.69=94.04[/tex]
The total is given by,
[tex]752.69+94.04=846.77[/tex]
The new card has an opening fee of $50, which is also added to her balance.
This becomes now = [tex]846.77+50=896.77[/tex]
She also have to make an immediate minimum payment, which is 3.35% of her total balance.
This amount is = [tex]0.0335\times 896.77=30.04[/tex]
Now balance in her account is = [tex]0.0335 \times 896.77=30.04[/tex]
Therefore, Fran's balance will be $866.73.
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