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Answered

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ANSWER PLEASE!
1. (12 points) You have $20 in your wallet. You are out shopping at a video
store with a friend, and see a DVD you want, but it costs $32.
A. Your friend loans you enough money to help you pay for it. What are your
available funds after you buy the DVD?
B. After going to the video store, you stop by a bookstore. You see three
magazines you want, and each cost $3. Once again, your friend loans you
money to buy them. Including your DVD purchase, what are your available
funds after buying the magazines?

Sagot :

Answer:

a because you dont have to pay that much back your your friend if you dont buy the magazines then you will only have to pay $12 to your friend and if you buy the magazines then you have to pay $21

Step-by-step explanation:

Nameless16

Answer:

1. You have $20 in your wallet. You are out shopping at a video store with a friend, and see a DVD you want, but it costs $32.

A. Your friend loans you enough money to help you pay for it. What are your available funds after you buy the DVD?

Has: $20

DVD costs: $32

Friend's Loan: $12

Finding the available funds after buying the DVD= ?

Solution:

Adding current funds with the money loaned by friend:  

$20 + $12 = $32  

Next, subtract the total amount of the DVD cost to the total amount of money you have right now:

$32 (DVD cost) - $32 (your total funds) = $0

Therefore, available funds after buying the DVD are $0. However, to take into consideration the amount that was loaned from by the friend,  subtracting it to the remaining funds, then you'll have $0 - $12 = $-12, which is the debt.

B. After going to the video store, you stop by a bookstore. You see three magazines you want, and each cost $3. Once again, your friend loans you money to buy them. Including your DVD purchase, what are your available funds after buying the magazines?

​Debt already has: $-12

​Three magazines: $3 each

​Friend's loan: $9 (since three magazines times $3 for each equals 9)

​$9 (Magazine costs) - $9 (your total funds) = $0

​Therefore, available funds after buying the magazines are $0.  

​Current debt: -$12 (last debt) + -$9 (new debt) = -$21 (current debt)

Good luck! :)

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