Question

I need help on this.

Answer 1

9514 1404 393

Answer:

  (a)  $1430

  (b)  $1340

  (c)  Debit card

Step-by-step explanation:

(a) The debit card is funded by Jenny's checking account, so it cannot be used to spend more than her checking account balance. The most Jenny can spend using her debit card is $1430.

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(b) Amounts purchased using her credit card add to the credit balance. The most Jenny can purchase is the difference between her current balance and her credit limit.

  Limit - balance = $2350 -1010 = $1340

The most Jenny can spend using her credit card is $1340.

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(c) For a purchase of $1400, the amount available on Jenny's credit card is insufficient. She can make the purchase using her debit card.