Final answer:
To calculate the maximum number of laptops Norma can purchase with a budget of $12,000, divide the budget by the cost per laptop, which gives approximately 16.22. Thus, Norma can buy a maximum of 16 laptops.
Step-by-step explanation:
The student is asking how many laptops can be purchased within a budget of $12,000 if each laptop costs $740. To find the maximum number of laptops Norma can purchase, we divide the total budget by the cost per laptop.
Maximum number of laptops = Budget / Cost per laptop
= $12,000 / $740 ≈ 16.22
Since Norma cannot purchase a fraction of a laptop, the maximum number she can buy is 16 laptops.
Therefore, the correct answer is (b) 16.