On July 15 you plan to purchase a new riding lawn mower for 2,500 ...

[Capo]

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

[recede]

Answer to Question 1

1,554.02

Answer to Question 2

FALSE