On July 15 you plan to purchase a new riding lawn mower for 2,500 using your Gold Card, which has a zero balance. The Gold Card charges 15 and calculates interest based on the average daily balance. You plan to make a 1,000 payment in August. All payments are received and posted on the 10th of each month. What will your balance be on August 31?
Question 2
Daryl and Rayna sell candy bars for a school fundraiser. Rayna sells 3 times what Daryl sold. If their combined total was 400 candy bars, then Daryl sold 300 of the candy bars.
Indicate whether the statement is true or false
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