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 dail

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?

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Melody 1 month 2021-10-22T09:58:00+00:00 1 Answer 0 views 0

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    2021-10-22T09:59:21+00:00

    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

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