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Sagot :
To determine Nikki's available credit, we need to follow these steps:
1. Identify the credit line:
- Nikki's credit line is \[tex]$6,000.00. 2. Identify the new balance: - According to the summary, the new balance on Nikki's credit card is \$[/tex]3,604.50.
3. Calculate the available credit:
- The available credit is the credit line minus the new balance.
- Therefore, you need to subtract the new balance from the credit line:
[tex]\[ \text{Available Credit} = \text{Credit Line} - \text{New Balance} \][/tex]
[tex]\[ \text{Available Credit} = 6,000.00 - 3,604.50 = 2,395.50 \][/tex]
So, the available credit on Nikki's card is [tex]\(\$ 2,395.50\)[/tex].
Thus, the correct answer is:
A. \$2,395.50
1. Identify the credit line:
- Nikki's credit line is \[tex]$6,000.00. 2. Identify the new balance: - According to the summary, the new balance on Nikki's credit card is \$[/tex]3,604.50.
3. Calculate the available credit:
- The available credit is the credit line minus the new balance.
- Therefore, you need to subtract the new balance from the credit line:
[tex]\[ \text{Available Credit} = \text{Credit Line} - \text{New Balance} \][/tex]
[tex]\[ \text{Available Credit} = 6,000.00 - 3,604.50 = 2,395.50 \][/tex]
So, the available credit on Nikki's card is [tex]\(\$ 2,395.50\)[/tex].
Thus, the correct answer is:
A. \$2,395.50
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