The drama club is going on a trip to Brenau University's theatre. The trip costs each member $65. Included in that price is $10 for the cost of renting a charter bus and the cost of 2 plays. Each play costs the same price. Write an equation representing the cost of the trip for each member. Let x represent the cost of each play.

Determine the price of one play. Solve your equation by showing your work and steps.

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

or