the paragraph below comes from the rental agreement susan signed when she opened her account at super video…

the paragraph below comes from the rental agreement susan signed when she opened her account at super video. \all rentals are due back by midnight of the due date as printed on the transaction receipt. any rental not received by midnight on the day it is due is subject to a late charge of $1.50 for each day it is late. any rental not returned by the fifth day after the due date will be transferred to a sale. the customer will then be required to pay the purchase price of the item in addition to five (5) days of late fees. the customer will not be required to return the product once the total balance is paid.\ as of today, susans movie is currently five days late. she knows that if she doesnt get the movie back tonight, she will be charged $9.99, the purchase price of the movie, plus five days worth of late fees. a round - trip cab ride to the video store will cost about $10. which of the following statements is true? a. taking a cab to return the movie is the cheapest action. b. keeping the movie is cheaper than taking a cab to return it. c. it would cost more to keep the movie then to return the movie. d. if susan returns the movie, she would not have to pay late fees.

the paragraph below comes from the rental agreement susan signed when she opened her account at super video. \all rentals are due back by midnight of the due date as printed on the transaction receipt. any rental not received by midnight on the day it is due is subject to a late charge of $1.50 for each day it is late. any rental not returned by the fifth day after the due date will be transferred to a sale. the customer will then be required to pay the purchase price of the item in addition to five (5) days of late fees. the customer will not be required to return the product once the total balance is paid.\ as of today, susans movie is currently five days late. she knows that if she doesnt get the movie back tonight, she will be charged $9.99, the purchase price of the movie, plus five days worth of late fees. a round - trip cab ride to the video store will cost about $10. which of the following statements is true? a. taking a cab to return the movie is the cheapest action. b. keeping the movie is cheaper than taking a cab to return it. c. it would cost more to keep the movie then to return the movie. d. if susan returns the movie, she would not have to pay late fees.

Answer

Explanation:

Step1: Calculate late - fees

The late - fee is $1.50 per day and the movie is 5 days late. So the late - fees are $1.50×5 = $7.50.

Step2: Calculate cost of keeping the movie

The cost of keeping the movie is the purchase price plus late - fees, which is $9.99 + $7.50=$17.49.

Step3: Compare costs

The cost of taking a cab to return the movie is about $10. Since $10<$17.49, taking a cab to return the movie is the cheapest action.

Answer:

a. Taking a cab to return the movie is the cheapest action.