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Firdavs [7]
3 years ago
8

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 t

he 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?
Mathematics
1 answer:
djverab [1.8K]3 years ago
8 0

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

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8 0
3 years ago
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I really need help on this
viktelen [127]

Answer:

A)  sarah = $ 937.33  ; claire = $928.00

Step-by-step explanation:

<h2><u>Sarah - Compound interest </u></h2>

compund interest formula :

A = P ( 1 + r/100) ^ n

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P is the principle

r is the rate of interest

n is the number of years

A = 800 * ( 1 + 2 /100) ^8

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Sarah has $ 937.33

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simple interest formula :

= PRT / 100

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claire has $ 928

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3 years ago
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