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Ishaan wants to purchase a new TV for his family. The TV costs $999. He currently has $100 in cash, $500 on his debit card, and a credit card with a $300 limit. Identify the payment method that can cover the cost of the new TV.(1 point)

Responses

debit card
debit card

credit card
credit card

Any of the payment methods is enough to cover the cost of the new TV.
Any of the payment methods is enough to cover the cost of the new TV.

None of the payment methods is enough to cover the cost of the new TV.

1 answer

To determine if Ishaan can cover the cost of the new TV, we need to calculate the total amount he has available across his payment methods:

  1. Cash: $100
  2. Debit card: $500
  3. Credit card: $300 limit

Total amount available = $100 (cash) + $500 (debit card) + $300 (credit card) = $900

The cost of the TV is $999.

Since $900 is less than $999, none of the payment methods together can cover the cost of the new TV.

Correct response: None of the payment methods is enough to cover the cost of the new TV.