Don recently received his first credit card, a mastercard with a credit line of $500. in the first month he had it, he ran up charges of $475. how much of that must he pay if he wants to charge an airline ticket which costs $200 on his card without going over his credit limit?

Question

Dustin Cole

Business

26 August, 13:26

Don recently received his first credit card, a mastercard with a credit line of $500. in the first month he had it, he ran up charges of $475. how much of that must he pay if he wants to charge an airline ticket which costs $200 on his card without going over his credit limit?

+3

Answers (1)

Know the Answer?

Clara · Answer 1

He has to pay $175.

500-475 = $25 - - > remaining available credit

200-25 = $175 - - > what he needs to pay to have enough credit to charge the $200 ticket without going beyond the limit.