kanya has a credit card that gives a 6% discount on every purchase and free shipping when used online. the…

kanya has a credit card that gives a 6% discount on every purchase and free shipping when used online. the annual percentage rate on the credit card is 12%. kanya wants to buy a laptop that costs $420. which statement about the cost of the laptop is true? if kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 less than paying cash for the laptop. if kanya uses the credit card and pays the full balance during the billing cycle, she will spend $50.40 less than paying cash for the laptop. if kanya uses the credit card and pays the full balance during the billing cycle, she will spend $50.40 more than paying cash for the laptop. 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.
Answer
Explanation:
Step1: Calculate the price with credit - card discount
The laptop costs $420. The credit - card gives a 6% discount. The amount of the discount is $420\times0.06 = 25.2$. So the price after the discount when using the credit card is $420−25.2 = 394.8$.
Step2: Compare with cash - price
If paying cash, the price is $420$. The difference between paying cash and paying with credit card (and paying the full balance during the billing cycle) is $420 - 394.8=25.2$. So if Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20$ less than paying cash for the laptop.
Answer:
If Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20$ less than paying cash for the laptop.