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A credit card company charges a customer $18 interest on a $90 purchase. What is the interest rate?

A credit card company charges a customer $18 interest on a $90 purchase. What is the interest rate?
asked 179k views
2 votes
A credit card company charges a customer $18 interest on a $90 purchase. What is the interest rate?

asked
User Claudius
by
7.8k points

1 Answer

2 votes

Answer:

16.2 percent

Explanation:

18 percent of 90 is 16,2 percent

answered
User Claj
by
7.9k points
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