Answer:
320 x 0.08 = X
In the case, a payment equal to or greater than $ 25.60 would be considered acceptable by the company.
Step-by-step explanation:
Given that a major credit card company requires monthly payments equal to or greater than 8% of the total balance, and a consumer has a credit card balance of $ 320, the following calculations must be performed to determine an inequality that represents acceptable payment amounts:
320 x 0.08 = X
25.6 = X
Thus, in the case, a payment equal to or greater than $ 25.60 would be considered acceptable by the company.
