Question

elect the correct answer. graph A graph B graph C graph D A credit card company uses these rules to calculate the minimum amount owed: For a bill of less than $100, the entire amount is due. For a bill of at least $100 but less than $500, the minimum due is $100. For a bill of at least $500 but less than $1,000, the minimum due is $300. For a bill of $1,000 or more, the minimum due is $500. Which graph shows the minimum amount due for a credit amount of x (given that the credit limit is $2,000). A. graph A B. graph B C. graph C D. graph D

Answer 1

The graph that correctly shows the minimum amount due for a credit amount (x)  is graph B.

How to determine the graph with the minimum amount due?

First of all, we would assign a variable to the different amount of money as follows:

• Let x be the credit amount.

• Let y be the minimum amount due.

Translating the word problem into an algebraic expression, we have;

For a bill of less than $100, the entire amount is due:

0 ≤ x < $100, therefore, y = x

For a bill of at least $100 but less than $500, the minimum due is $100: $100 ≤ x < $500, therefore, y = 100

For a bill of at least $500 but less than $1,000, the minimum due is $300:

$500 ≤ x < $1000, therefore, y = $300

For a bill of $1,000 or more, the minimum due is $500:

Since the credit limit is equal to $2000, we have $1000 ≤ x < $2000 and y = $500

In conclusion, the graph that correctly shows the minimum amount due for a credit amount (x)  is graph B.

Read more on graphs here: brainly.com/question/16883029

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