asked 172k views
5 votes
Susan has a $2000 credit limit. She has a current balance of $284.50 on her card. What is her available credit?

1 Answer

4 votes

Answer:Susan's available credit is the remaining credit limit that she has after subtracting her current balance from her credit limit. To calculate Susan's available credit, we can use the following formula:

Available credit = Credit limit - Current balance

Plugging in the given values, we get:

Available credit = $2000 - $284.50

Simplifying the subtraction, we get:

Available credit = $1715.50

Therefore, Susan's available credit is $1715.50.

Explanation:

answered
User Aaronwolen
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