Rita has a credit card that gives a 6% discount on every purchase. the annual percentage rate on the card is 15%. she is purchasing a digital camera for $300. if she purchases the camera and only pays $80 on the first month’s bill, how much will she need to pay off the balance the following month?
$199.47
$204.53
$220.00
$222.75

Option 2 that is $ 204.53

Step-by-step explanation:

We have been given that rita is getting 6% discount

And she has paid $300

Amount after discount will be

Amount she has to pay is 300-18=282

Since, she did the payment of $80 that means the remaining amount is 282-80=202

Now, she will have to pay interest rate of 15% for an year

Hence,

The total amount will be interest plus remaining amount= 202+2.53=204.53

Therefore, option 2 is correct that is $204.53

step-by-step explanation:

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