Question

Suppose you just opened a new credit card that earns 3% cash back at grocery stores and 1.5% on all other purchases. If you spent $326.79 at the grocery store and $581.34 on all other purchases, how much would your cash back be for the month?

Answer 1

Answer: $18.52

Step-by-step explanation: First you multiply the grocery store purchases by 3%, then you multiply the other purchases by 1.5%. Then you add together to get your total cash back

$326.79x.03=$9.80

$581.34x.015=$8.72

$9.80+$8.72=$18.52