Jackson has a credit card with a 15% interest rate. His dad has a credit card with a 5% interest rate. If they both charge $1,000, how much more will Jackson end up paying?

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asked Mar 10, 2017 12.0k views

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Jackson has a credit card with a 15% interest rate. His dad has a credit card with a 5% interest rate. If they both charge $1,000, how much more will Jackson end up paying?

Mathematics
high-school

William Komp asked

by William Komp

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Answer: 100

Explanation:

I took the quiz

Teebes answered Mar 12, 2017

by Teebes

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1 vote

Jackson would have to pay $100 more then his dad

(Jackson)$1,000x.15= $150 Interest

(His Dad)$1,000x.05= $50 Interest

Xiong answered Mar 16, 2017

by Xiong

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