Question

You return a DVD movie that was 5 days overdue including a previous unpaid balance of $2.50, your new balance is $7.75. How much is the daily fine for an overdue DVD?

Answer 1

Answer:

$ 1.05

Step-by-step explanation:

To solve the problem it is necessary to pose some equations, which are the following:

Debt DVD = New Balance - Old Balance

With this we will calculate the net value that only has to do with the debt of the DVD:

Debt DVD: 7.75 - 2.50 = 5.25

Now, the other equation is the value per day that generates a delay.

Debt DVD / # days

Replacing

5.25 / 5 = 1.05

Then the daily fine for a overdueDVD is $ 1.05