Question

Rebecca has a credit line of $6,500. She had a previous balance of $398.64 and made a payment of $250. The total of her purchases is $1,257.99. What is Rebecca's available credit?

Answer 1

Explanation:

Answer:

$ 5,093.57

Explanation:

Amount on credit line $6,500

Adding the previous balance of $ 398.64

Total amount of credit = $ 6,898.64

We subtract payment of $ 250 n

That is ; $ 6,898.64 - $ 250

= $ 6,648.64

Then

We subtract purchases of $ 1,257.99

That is;

= $ 6,648.64 - $1,257.99

= $ 5,093.57

Answer 2

$ 5,093.57

Explanation:

Amount on credit line $6,500

Adding the previous balance of $ 398.64

Total amount of credit = $ 6,898.64

We subtract payment of $ 250 n

That is ; $ 6,898.64 - $ 250

= $ 6,648.64

Then

We subtract purchases of $ 1,257.99

That is;

= $ 6,648.64 - $1,257.99

= $ 5,093.57