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Bruce looks over his credit card statement at the end of the month. He has a balance of $210\$210 left from last month, so he owes $2\$2 in interest. He also made $165\$165 in purchases this month. The minimum payment due is $25\$25.\newlineHow much should Bruce pay to avoid being charged interest next month?\newlineChoices:\newline(A)$27\$27\newline(B)$192\$192\newline(C)$377\$377\newline(D)$402\$402

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Q. Bruce looks over his credit card statement at the end of the month. He has a balance of $210\$210 left from last month, so he owes $2\$2 in interest. He also made $165\$165 in purchases this month. The minimum payment due is $25\$25.\newlineHow much should Bruce pay to avoid being charged interest next month?\newlineChoices:\newline(A)$27\$27\newline(B)$192\$192\newline(C)$377\$377\newline(D)$402\$402
  1. Calculate Total Balance: Step 11: Calculate the total balance Bruce needs to pay off to avoid interest. He starts with a balance of $210\$210 and owes $2\$2 in interest for that balance. He also made new purchases totaling $165\$165 this month.\newlineCalculation: $210\$210 (previous balance) + $2\$2 (interest) + $165\$165 (new purchases) = $377\$377.
  2. Determine Minimum Payment: Step 22: Determine the minimum payment due to avoid additional charges. The statement indicates a minimum payment of $25\$25, but this is not enough to cover the new balance and avoid interest.\newlineCalculation: Since the total balance is $377\$377, paying only $25\$25 will not cover it and will result in interest charges next month.
  3. Compare Payment Options: Step 33: Compare the total balance with the payment options provided. The options are $27\$27, $192\$192, $377\$377, and $402\$402.\newlineCalculation: To avoid interest, Bruce needs to pay the full balance of $377\$377.

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