Respuesta :
Answer:
Step-by-step explanation:
For APEX the correct answer is $1,200.00
72,000/12= 6,000
6,000x .2= 1,200
$[tex]1200[/tex]
Annual pay:
- The sum of money your employer pays you a year in exchange for the work you do is known as your annual salary.
- Although (if you are on salary) your wages are not depending on how many hours you work, the compensation you receive is based on a 40-hour weekly.
Credit Cards -
- A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for products and services based on the amount of debt they have accumulated (i.e., a promise to the card issuer to pay them for the amounts plus the other agreed charges).
- The card issuer (often a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or to get a cash advance.
Solution -
Monthly income ⇒ [tex]\frac{72,000}{12} = 6000[/tex]
⇒ [tex]6000[/tex] × [tex]0.2 = 1200[/tex]
Therefore, the maximum amount that she can spend per month paying off credit cards and loans and not be in danger of credit overload is $[tex]1200[/tex].
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