xavier buys a computer for $525, which includes taxes. he pays for the computer over a 12 - month period by…

xavier buys a computer for $525, which includes taxes. he pays for the computer over a 12 - month period by paying $48.13 per month. which statement about xaviers purchase is most likely true? he used a debit card to make the purchase and paid exactly $525 for the computer. he used a debit card to make the purchase and paid an additional $52.56 in interest. he used a credit card to make the purchase and paid exactly $525 for the computer. he used a credit card to make the purchase and paid an additional $52.56 in interest.

xavier buys a computer for $525, which includes taxes. he pays for the computer over a 12 - month period by paying $48.13 per month. which statement about xaviers purchase is most likely true? he used a debit card to make the purchase and paid exactly $525 for the computer. he used a debit card to make the purchase and paid an additional $52.56 in interest. he used a credit card to make the purchase and paid exactly $525 for the computer. he used a credit card to make the purchase and paid an additional $52.56 in interest.

Answer

Explanation:

Step1: Calculate total amount paid

Multiply monthly - payment by number of months. $48.13\times12 = 577.56$

Step2: Calculate interest paid

Subtract computer - price from total amount paid. $577.56−525 = 52.56$ Since he paid over time and paid more than the original price, he likely used a credit card (credit cards often involve interest for installment payments).

Answer:

He used a credit card to make the purchase and paid an additional $52.56 in interest.