A customers regular payment is $50. They are late on their payment and have agreed to pay 120% of their regular payment plus a $20 late fee. What is the amount the customer will pay

Respuesta :

Answer:

$80

Step-by-step explanation:

Regular payment= $50 which is equivalent to 100%

Therefore, $50 = 100%

=> the customer has to pay 120%, so we must find the value of that extra 20%

=> 20% of $50 = 20/100×50

= $10

Therefore, late payment= $50 + $10 = $60

Total late payment= $60 + late fee

= $60 + $20

= $80