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Janice looks over her credit card statement at the end of the month. She has a balance of $498\$498 left from last month, so she owes $5\$5 in interest. This month, she also made $102\$102 in purchases. The minimum payment due is $25\$25.\newlineHow much should Janice pay to avoid being charged interest next month?\newlineChoices:\newline(A)$575\$575\newline(B)$600\$600\newline(C)$605\$605\newline(D)$630\$630

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Q. Janice looks over her credit card statement at the end of the month. She has a balance of $498\$498 left from last month, so she owes $5\$5 in interest. This month, she also made $102\$102 in purchases. The minimum payment due is $25\$25.\newlineHow much should Janice pay to avoid being charged interest next month?\newlineChoices:\newline(A)$575\$575\newline(B)$600\$600\newline(C)$605\$605\newline(D)$630\$630
  1. Calculate Total Balance: Step 11: Calculate the total balance including last month's balance, interest, and this month's purchases.\newlineReasoning: Add last month's balance, the interest for this month, and the total purchases made this month.\newlineCalculation: $498\$498 (last month's balance) + $5\$5 (interest) + $102\$102 (purchases) = $605\$605.
  2. Determine Payment Amount: Step 22: Determine the amount Janice should pay to avoid interest next month.\newlineReasoning: To avoid further interest charges, Janice needs to pay off the entire balance calculated in Step 11.\newlineCalculation: Pay the total balance of $605\$605.

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