Question

Joan has a credit limit of $900. Her new balance is $450. What is Joan's available credit?

Answer 1

Answer: your credit utilization ratio on that card would be 50% but the answer is 450

Explanation:

900-450 = 450

Answer 2

Hi!
Let's write this out.
Her limit is $900, and she's used $450. So, we subtract 450 from 900.
900-450 = 450.

So, she has $450 available credit left.
Hope this helps!
~~~PicklePoppers~~~