SOLUTION: Molly receives a $25 dollar gift card to her favorite movie theater. It costs $6.50 for show times before 4 o' clock and $9.25 for shows after 4 o' clock. Write an equation tha

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Molly receives a $25 dollar gift card to her favorite movie theater. It costs $6.50 for show times before 4 o' clock and $9.25 for shows after 4 o' clock. Write an equation tha      Log On

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Question 1012548: Molly receives a $25 dollar gift card to her favorite movie theater. It costs $6.50 for show times before 4 o' clock and $9.25 for shows after 4 o' clock.
Write an equation that gives the balance remaining, B , on the gift card if Molly sees M movies after 4 o' clock?
If Molly and 2 friends go to a movie showing at 7 o' clock on Saturday night, how much do they have to pay out of pocket, if anything, after redeeming the gift card?
How much would they save by going to a 2 o' clock showing?

Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
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Write an equation that gives the balance remaining, B , on the gift card if Molly sees M movies after 4 o' clock?
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ANSWER 1: B=$25-$9.25M
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If Molly and 2 friends go to a movie showing at 7 o' clock on Saturday night, how much do they have to pay out of pocket, if anything, after redeeming the gift card?
Cost for 3 people (after 4:00pm)=3($9.25)=$27.75
Out of pocket cost=Cost-gift card=$27.75-$25=$2.75
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ANSWER 2: Out of pocket cost is $2.75.
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How much would they save by going to a 2 o' clock showing?
Savings per person before 4:00=(cost after 4:00)-(cost before 4:00)
Savings per person before 4:00=($9.25)-($6.50)=$2.75
Savings for 3 people=(3)(savings per person)=(3)($2.75)=%8.25
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ANSWER: They would save $8.25 by going before 4:00.
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