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MathematicsMathematics
18 February, 23:54

Ken wants $1,000 sound system. He uses a credit card with 20% annual interest. If he only pay interest each month on the credit card, about how much will he pay in interest in 4 years

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  1. 19 February, 01:54
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    Answer:200

    Step-by-step explanation: 1000 is your total and 20 is your percent so you multiply 1000 and 20 to get 20000 then divide it by 100 give you 200
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Home » Mathematics » Ken wants $1,000 sound system. He uses a credit card with 20% annual interest. If he only pay interest each month on the credit card, about how much will he pay in interest in 4 years
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