Back together! 2. You have a credit card that awards you a "cash back bonus." This means that every time you use your credit card to make a purchase, you earn back a percentage of the money you spend. Your card gives you a bonus of \( 0.5 \% \). If you charge \( \$ 462 \) on your credit card, what would your bonus be?

To calculate your cash back bonus, you multiply your total spending by the cash back percentage. Here, you would compute \( 462 \times 0.005 \) (since 0.5% is written as 0.005). This totals \( \$2.31 \). So, every time you spend, you’re essentially getting a little bit of that money back to treat yourself or save for future needs! Now, keep an eye on those cash back bonuses! It’s easy to get caught up in spending to earn rewards, but remember to stay within your budget. Charging too much can lead to debt that outweighs any cash back benefits you receive, so always pay off your balance each month to make the most of those sweet rewards!