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?
a. $500
b. $250
c. $100
d. $125

Option C, $100

Explanation:

Percent of interest rate on Jackson card %

Percent of interest on Jackson's dad card %

They both take money $

The interest amount on Jackson card

$

The interest amount on Jackson's father card

$

Difference between the two interest amount

$

Jackson end up paying $ more than his father

Correct answer is option C.

answer; i believe is(b)converging