A student wants to purchase a new bicycle that cost 350 they have 150 in cash a 50$ gift card and a credit card with a 500 limit

Based on the given information, the student can afford the $350 bicycle using a combination of their cash, gift card, and credit card.

They have $150 in cash and a $50 gift card, which totals to $200.
So, they still need $350 - $200 = $150.

Since the student has a credit card with a $500 limit, it can cover the remaining $150 needed to purchase the bicycle.