khoadominh2206
25.11.2021 •
Business
A new computer would be classified as a product, and a luxury yacht would be classified as a product
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Ответ:
She will spend $25.20 more than paying cash for the laptop.
Explanation:
The Cost of the Laptop=$420
The credit card gives a 6% discount.
Discount using the Credit Card=6% of 420
=0.06X420
=$25.2
The annual percentage rate on the credit card is 12%.
12% of 420= $50.4
Therefore in the billing cycle:
The Cost of the Laptop= Actual Cost - Credit Card Discount + Annual Percentage Rate
=420-25.2+50.4
=$445.20
Difference with Cash Payment=$445.20-420=$25.20
Therefore if Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 more than paying cash for the laptop.