Question

Cameron has a credit limit on his gasoline company credit card of $500. He has no initial balance, but has charged gasoline purchases of $25,25 and $32,33. What is Cameron’s remaining available credit?

Answer 1

$442.42

Explanation:

You want the remaining available credit on a credit line of $500 when charges of $25.25 and $32.33 have been made.

Remaining credit

The remaining credit is the original credit amount less the amount of credit used:

$500 -25.25 -32.33 = $442.42

Cameron has credit of $442.42 available.