Answer:
hold on let me do this math real quick
Each of them would have to see 5 movies to pay the same amount.
Explanation;
Members have to pay $30 a month just to have a lower admission fee. So members already start with a high price. If you add 7.95 together 5 times you get 39.75. This is the same as the members when you add the $30 admission fee to the 5 movies. (30+1.95....). That is how you find that both members and nonmembers will be paying the same amount after both watching 5 movies.
Answer:A
Step-by-step explanation:
I just took the test
Total investment = $10,500
Let x = amount of first investment, and y the amount of the second investment.
First investment:
Interest rate = 9 (1/5)% = 0.092
Earned interest = 0.092x
Second investment:
Interest rate = 9% = 0.09
Earned interest = 0.09y
Total interest after one year is $957.00, therefore
0.092x + 0.09y = 957
or
1.0222x + y = 10633.33 (1)
Also,
x + y = 10500 (2)
Subtract (2) from (1).
0.0222x = 133.33
x = 6000
y = 10500 - x = 4500
Answer:
The first investment is $6,000 at 9 (1/5)% rate;
The second investment is $4,500 at 9% rate.
