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bob charged $200 for a plane ticket last month. when he received his statement, he saw that he could pay the minimum balance of just $25. bob calculated it would take just 8 months to finish paying off
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10 votes
10 votes
bob charged $200 for a plane ticket last month. when he received his statement, he saw that he could pay the minimum balance of just $25. bob calculated it would take just 8 months to finish paying off his $200 ticket. is he correct?

User Ryan Morton
by
2.7k points

2 Answers

27 votes
27 votes

Answer: no; bob will be charged interest on the balance he owes each month

Explanation: knowledge matters ;0

User FtLie
by
3.3k points
20 votes
20 votes

Answer:

yes

Step-by-step explanation:

twenty-five × eight = 200

User Lon
by
2.3k points
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