Arithmetic Ability
Simple Interest

48 / 98

Q.

Derrick's dad bought new tires for $900 using a credit card. His card has an interest rate of 19%. If he has no other charges on his card and does not pay off his balance at the end of the month, how much money will he owe after one month?

View Answer

Correct choice: C

Explanation:

I=prt
48 / 98