Question: Please explain how you got the answer. Thank you. Grace Wang has an overdraft protection line. Assume that her October 2020 statement showed a latest

Please explain how you got the answer. Thank you. Grace Wang

Please explain how you got the answer. Thank you.

Grace Wang has an overdraft protection line. Assume that her October 2020 statement showed a latest (new) balance of $818. If the line had a minimum monthly payment requirement of 3 percent of the latest balance, then what would be the minimum amount she'd have to pay on her overdraft protection line? Round your answer to the nearest $5 figure

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