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 xavier’s purchase is most likely true?\n○ he used a debit card to make the purchase and paid exactly $525 for the computer.\n○ he used a debit card to make the purchase and paid an additional $52.56 in interest.\n○ he used a credit card to make the purchase and paid exactly $525 for the computer.\n○ 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 xavier’s purchase is most likely true?\n○ he used a debit card to make the purchase and paid exactly $525 for the computer.\n○ he used a debit card to make the purchase and paid an additional $52.56 in interest.\n○ he used a credit card to make the purchase and paid exactly $525 for the computer.\n○ he used a credit card to make the purchase and paid an additional $52.56 in interest.

Answer

Explanation:

Step1: Calculate total payment

Xavier pays $48.13 per month for 12 months. So total payment is $48.13 * 12. Let's calculate that: $48.13 * 12 = $577.56.

Step2: Find the difference (interest)

The original price (including taxes) is $525. So the additional amount paid is total payment - original price = $577.56 - $525 = $52.56.

Step3: Analyze payment method

Debit card payments usually deduct from the account immediately or in a way that doesn't accrue interest (or the payment is the exact amount). Credit card payments, especially when paying over time (installments), can involve interest. Since he paid more than the original price (due to the monthly payments adding up to more than $525), he likely used a credit card and paid interest.

Answer:

He used a credit card to make the purchase and paid an additional $52.56 in interest. (The last option: "He used a credit card to make the purchase and paid an additional $52.56 in interest.")