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17 April, 22:02

Sally is going to furniture shopping using her credit card. if her credit card has a limit of $2000 and she is currently holding a balance of $763 how much can she afford to spend on Furniture

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  1. 17 April, 22:28
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    Sally can afford to spend $763 on the Furniture.

    Step-by-step explanation:

    Here, the total credit card limit = $2,000

    The current holding balance of card = $763

    Now, the current holding balance on the card indicates that the amount still left in the card to spend.

    So, here $763 is still left from total $2000 which is still available.

    Hence, Sally can afford to spend $763 on the Furniture.
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