A customer has a debit card that gives monthly cash back bonuses. If the customer spends from $10.00 to $499.99, he earns 1% cash back. If he spends $500.00 to $999.99, he earns a 2% cash back. For monthly purchases of $1,000.00 and more, he earns a 3% cash back bonus. His monthly purchases for the past 6 months are as follows: $ 345.00, $592.00, $609.00, $280.00, $1,020.00, and $452.00. How much did he earn in cash back bonuses over the past six months (rounded to the nearest cent)?

Question

anonymous · Answer

First month: $345 = 1% Cash Back = 0.01 x 345 = $3.45 cash back
Second month: $592 = 2% CB = 0.02 x 592 = 11.84 cash back
Third Month: $609 with 2% CB= 0.02 x 609 = ?
Fourth Month = $1020 with 3% CB = 0.03 X 1020 = ?
Last Month = $452 with 1% CB = 0.01 x 452 = ?

Add all the cash backs for the 5 months to get your answer. @jef2390