Question

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?

Answer 1

the answer would be C, $100

here is my work:

0.05 x 1000 = 50
0.15 x 100 = 150
150 - 50 = $100

I hope this helps! :)