aria has a credit card that gives a 5% discount on every purchase and free shipping when used online. the…

aria has a credit card that gives a 5% discount on every purchase and free shipping when used online. the annual percentage rate on the credit card is 18%. aria wants to buy a doghouse that costs $580. which statement about the cost of the doghouse is true? if aria uses the credit card and pays the full balance during the billing cycle, she will spend $2.42 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $8.70 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $29.00 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $104.04 less than paying cash for the doghouse.

aria has a credit card that gives a 5% discount on every purchase and free shipping when used online. the annual percentage rate on the credit card is 18%. aria wants to buy a doghouse that costs $580. which statement about the cost of the doghouse is true? if aria uses the credit card and pays the full balance during the billing cycle, she will spend $2.42 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $8.70 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $29.00 less than paying cash for the doghouse. if aria uses the credit card and pays the full balance during the billing cycle, she will spend $104.04 less than paying cash for the doghouse.

Answer

Explanation:

Step1: Calculate the discount amount

The discount rate is 5% and the cost of the dog - house is $580. The discount amount $d$ is calculated as $d = 580\times0.05$. $d=580\times0.05 = 29$

Step2: Analyze the situation

If Aria pays the full balance during the billing cycle, she will only be affected by the 5% discount and not by the 18% annual percentage rate. So she will spend $29$ less than paying cash for the dog - house.

Answer:

If Aria uses the credit card and pays the full balance during the billing cycle, she will spend $29.00$ less than paying cash for the doghouse.