National credit union pays 5.5% intrest compounded quarterly on special notice savings accounts. Marco deposits $5698.80 in a sp
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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.