A closed line of credit is a line of credit with a fixed total amount.
You may start out with a "line of credit" agreement with a bank that allows you to create relatively small loans by the bank to yourself at a specified interest rate and under other specific terms. Of course you must repay these loans, with interest, and that's how the bank makes its money.
If you fail to repay the bank, the bank may close your account and demand that you immediately repay all the money you owe it. A "closed line of credit" is a pretty sad thing.
Answer:
630
Step-by-step explanation:
Hello!
If Katia can buy packages of jars for $9, we can determine how many packages she can purchase with $45 by using the formula:
45/9 = 5
We divide the total number of money that she has by the amount of money one package of jars costs. Now, the question also asks how many jars she can buy, not just how many packages.
We know that she can buy 5 packages, and that there are 12 jars in each package. To find the total number of jars she can buy, we will multiply 5 by 12.
5 x 12 = 60
Katia can buy 60 jars with $45.
I hope this helps you! Have a lovely day!
- Mal
400 because another way to find one tenth of something is to divide by 10 so you would simply do 4,000 divided by 10 to get 400. HOPE I HELPED!!!