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If Harry's new balance was $123.40, what would be his total available credit?

A. $500.00

B. $367.60

C. $376.60

D. $123.40

I'm not sure how to find total credit available but I tried it two different ways and got two answers so I'm between B and C. If you just subtract the new balance from the total credit you get C but if you subtract both the new balance and payments you get B. Please help

If Harrys new balance was 12340 what would be his total available credit A 50000 B 36760 C 37660 D 12340 Im not sure how to find total credit available but I tr class=

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ShrimpE
I think it would be D. $123.40 because I think credit is the amount that you are allowed to spend but can pay off later, like a credit card, basically barrowing money. If harry's balance is $123.40 that is the amount left he can use out of the original amount which was $500.  Im not totally sure but if thats wrong, im sorry. I hope this helps some way :^)
Mortalfinger99
You need to subtract the new balance from the credit line, which is option C

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