Aaron is considering getting his car a new paint job. Doing so will have a total cost of $264.83. Can Aaron afford this? Explain a. Yes, he can make the purchase and still have money left over. b. Yes, but doing so will clear out his account. c. No, purchasing that would overdraw his account. d. No, he is overdrawn already.

Yes, but doing so will clear out his account.

Step-by-step explanation:

CHECK THE COMPLETE QUESTION BELOW

Aaron's bank account has a balance of $1213.69 before he starts spending money. He makes the following transactions:

Transaction

Cost ($)

Car payment

260.16

Groceries

97.98

Parking ticket

75.00

DVD box set

115.35

Antique lamp

68.53

Suit

331.84

Aaron is considering getting his car a new paint job. Doing so will have a total cost of $264.83. Can Aaron afford this? Explain a. Yes, he can make the purchase and still have money left over. b. Yes, but doing so will clear out his account. c. No, purchasing that would overdraw his account. d. No, he is overdrawn already

Aaron's bank account balance=$1213.69

He made all this transactions below;

Car payment

260.16

Groceries

97.98

Parking ticket

75.00

DVD box set

115.35

Antique lamp

68.53

Suit

331.84

The summation of all his transactions is;260.16+97.98+75.00+115.35+68.53+

331.84= $948.86

Which means after performing those transactions above, he was left with $948.86.

We were informed that Aaron is considering getting his car a new paint job. Doing so will have a total cost of $264.83.

For him to paint his car now he will spend $264.83, if we add with the previous transactions it sum up to $1213.69 which was actual amount he has at hand. I.e ($264.83+$948.86)=

$1213.69

Therefore, the answer is Yes, but doing so will clear out his account.