Question

5. Marianne has a credit card with a line of credit at $15,000. She made the following purchases:

$1,374.90, $266.21, 39.46, and $903.01. What is Marianne's available credit?

Answer 1

Available credit = $2,416.42

Explanation:

$1,374.90

$266.21

39.46

$903.01

Sum = $2,583.58

$2,583.58 was spent. Subtract this from $5,000 to find Marianne's available credit.

$5,000

- $2,583.58

Available credit = $2,416.42