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Molly buys a necklace for $400 on her credit card, which charges 21% simple interest. How much interest will be added after 6 months? Write an equation and solve the problem.

Molly buys a necklace for $400 on her credit card, which charges 21% simple interest. How much interest will be added after 6 months? Write an equation and solve the problem.
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17 votes
Molly buys a necklace for $400 on her credit card, which charges 21% simple interest. How much interest will be added after 6 months? Write an equation and solve the problem.

asked
User Srujan Kumar Gulla
by
8.2k points

1 Answer

7 votes
She’ll have to pay 106:50 extra so her total would be 506:50
answered
User Kitti Wateesatogkij
by
8.3k points
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