A credit card company uses these rules to calculate the minimum amount owed: • For a bill of less than $100, the entire amount i
1 answer:
The graph that shows the minimum amount due for a credit amount of x given that the credit limit is $2,000 is graph B.
<h3>How to illustrate the information?</h3>Let x represent the credit amount and y represent the minimum amount due.
For a bill of less than $100, the entire amount is due. That is for 0 ≤ x < $100, y = x
For a bill of at least $100 but less than $500, the minimum due is $100. That is for $100 ≤ x < $500, y = 100
For a bill of at least $500 but less than $1,000, the minimum due is $300. That is for $500 ≤ x < $1000, y = $300
For a bill of $1,000 or more, the minimum due is $500. But the credit limit is $2000. That is For $1000 ≤ x < $2000, y = $500
The graph that shows the minimum amount due for a credit amount of x is graph B.
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Here’s the first few and you can do the rest with the same principles. If you need more help with the last ones then let me know
The answer is c. See explanation below.
