Mo has a credit card that gives a 3% discount on every purchase. the annual percentage rate on the card is 12%. he is purchasing an electronic reader for $140. check all that apply.

1.if mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $140.

2.if mo pays cash, the cost of the purchase will be $140.

3.if mo uses the credit card and pays off the balance at $30 a month for 7 months with no late fees, the cost of the purchase will be $143.34.

4.if mo pays cash, the cost of the purchase will be $135.80.

5.if mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.

6.if mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.

(√) 2.If Mo pays cash, the cost of the purchase will be $140.

(√) 5.If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.

(√) 6.If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.

The number 1 is incorrect because it doesn't account for the 3% discount.

Number 2 is correct since there's nothing to suggest  that cash would change the value of the product.

Number 3 is incorrect because such payment would be much higher the the value of the purchase.

Number 4 is incorrect since there's nothing to suggest that cash would change the value of the product.

Number 5 is correct, for it acknowledges both percentages on its calculation.

Number 6 is correct, for it acknowledges the 3% discount and ignores the 12, which are not to be used in this situation, since the full balanced was payed during the billing cycle.

true true true true that all

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