Question

Pascual has a credit line of $15,000 on his credit card. The following activity is on his card: Previous balance: $4, 598.12, payment: $4,000, new purchases: $1, 368.58, late charge: $20, finance charge: $20, and finance charge: $5.78. How much available credit does Pascual have?

Answer 1

Answer: $13,007.55

Explanation:

4,598.12 - 4,000 + 1,368.55 +20.00 +5.78 = 1,992.33-15,000 = 13,007.55