A loan has a variable interest rate that fluctuates between 7% and 10% of the base payment per month. If base payments remain at $300 each month and an additional monthly surcharge of 1% is added to the combined (base + interest), what would be the greatest possible payment due in any given month?  Choose the correct choice from the following:
A) $330.00	B) $331.00	C) $332.30	D) $333.30	E) $334.60
The maximum interest in one month is 10%*$300=$30.   The combined payment (base plus interest) is $300 + $30 = $330.   The greatest possible payment is: 1.01*$330  300 +  30= 
<gadget id="calculator">  300 +  30</gadget>
<output>330</output>
$330.   The greatest possible payment is: 1.01*$330=$333.30.   The answer is $333.30.
<result>D</result>
A loan has a variable interest rate that fluctuates between 7% and 10% of the base payment per month. If base payments remain at $300 each month and an additional monthly surcharge of 1% is added to the combined (base + interest), what would be the greatest possible payment due in any given month?