Question

Hailey made a mistake and forgot to return her library books on time! She had to pay a late fee of $1.08 per day. She returned the books 8 days late. Once she realized that she had to pay a late fee she decided that she was going to pay ¼ of the fee every time she got to the library. How much did she pay per day until she paid the whole late fee off?

Answer 1

Answer:

$1.08 per day times 8 days.

$1.08 x 8 = $8.64 owed

Hailey is only paying 1/4. When talking about money, 1/4 = $0.25.

$8.64 x $0.25 = $2.16

OR

You can calculate as $8.64 x 1/4 and get $2.16