145k views
3 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?

2 Answers

3 votes

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

Explanation: knowledge matters ;0

User MOZILLA
by
3.8k points
5 votes

Answer:

yes

Step-by-step explanation:

twenty-five × eight = 200

User Marzouk
by
4.6k points