Question

note: please make sure to properly format your answers. all dollar figures in the answers need to include the dollar sign and any amount over 1,000 should include the comma ($2,354.67). all percentage values in the answers need to include a percentage sign (%). for all items without specific rounding instructions, round your answers to two decimal places, show both decimal places (5.06).
rollie has a credit card with a credit limit of $4,000. he made the following purchases: $425.36, $358.33, $377.11, and $90.20. what is rollies available credit?

Explanation:

Step1: Calculate total purchases

Add up all the purchase amounts: \(425.36 + 358.33+377.11 + 90.20\)

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Step2: Calculate available credit

Subtract total purchases from credit limit. Let \(C\) be the credit limit (\(C = 4000\)) and \(T\) be total purchases (\(T=1251\)). Available credit \(A=C - T\)
\(A=4000-1251 = 2749\)

Answer:

\(\$2,749.00\)