Pavi has a credit line of $8,000 on his credit card. Review the summary of his credit card statement. How much credit does Pavi currently have available on this card?


Summary Previous Balance Payments/Credits New Purchases Finance Charge New Balance

$2,500. 00 $1,500. 00 $3,000. 00 $7. 50 $4,007. 50

A.

$3,992. 50

B.

$5,000. 00

C.

$5,500. 00

D.

$6,500. 50