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victus00 [196]
3 years ago
5

Janine opens a savings account with a deposit of $720. The account pays 3.4% interest, compounded daily. What is the first day's

interest? Round to the nearest cent.
Mathematics
1 answer:
scoray [572]3 years ago
6 0
The first days interest is $24.48
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EastWind [94]

Answer:

The rental cost of one movie is $2.25 and the rental cost of one video game is $6.25

Step-by-step explanation:

Let the rental cost of 1 movie be m.

Let the rental cost of 1 video game be v.

One month, Tammy rented 2 movies and 6 video games for a total of $42. This means that:

2m + 6v = 42 ________ (1)

The next month she rented 5 movies and 3 video games for a total of $30. This means that:

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We now have two simultaneous equations:

2m + 6v = 42 ________ (1)

5m + 3v = 30 _________(2)

Multiply (2) by 2, and we have:

2m + 6v = 42 __________ (1)

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Subtract (1) from (3):

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=> m = 18 / 8

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Put the value of m back in (1):

2(2.25) + 6v = 42

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