Rita deposited $500 in a savings account earning simple interest.She made no other deposits or withdrawals.After 3 years,the acc
2 answers:
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Answer: After 3 hours both will have the same cost.
Step-by-step explanation:
Let x = Number of hours and y be the total cost.
Total cost = Initial cost + (cost per hour)(Number of hours)
At Mike's Bounce Shop,
Total cost (y)= 30+2x
At Jose's Bounce Rentals,
Total cost(y) = 12+8x
When both shops have the same cost, then
Total cost = 12+8(3)=12+24=$36
Hence, After 3 hours both will have the same cost.