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If you have $1,000.00 on a credit card and the interest rate is 23.7% per year, how much interest will you pay for one year? (Multiply rather than compound your interest.) A. $2,370.00 B. $23.70 C. $237.
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If you have $1,000.00 on a credit card and the interest rate is 23.7% per year, how much interest will you pay for one year? (Multiply rather than compound your interest.) A. $2,370.00 B. $23.70 C. $237.00 D. $230.70

User SergeantPenguin
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1,000 times 23.7% is C. 237.00

User Nuno Aniceto
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