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Ethan wants to buy a new watch that cost $112. He pays 0.04 in interest for every $1 that he spends on his credit card. How much will Ethan save by paying with cash?

Ethan wants to buy a new watch that cost $112. He pays 0.04 in interest for every $1 that he spends on his credit card. How much will Ethan save by paying with cash?
asked 185k views
2 votes
Ethan wants to buy a new watch that cost $112. He pays 0.04 in interest for every $1 that he spends on his credit card. How much will Ethan save by paying with cash?

asked
User Mostafaznv
by
8.4k points

1 Answer

3 votes

Answer:

4.48

Explanation:

112 x 0.04 = 4.48

answered
User Aakash Goyal
by
7.7k points
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