Madelyn needs to lease out a music studio to record her new album. The studio charges an initial studio-use fee plus an hourly fee for each hour in the studio. The fixed fee to use the studio is $250 and the total cost charged for 5 hours is $500. Write an equation for P, in terms of T, representing the amount of money Madelyn would have to pay to use the studio for t hours.

to find the unit price, we must figure out the cost of one item (in this case one dish towel).   to do this, we divide the total price ($7.92) by the number of items bought (for this problem it is 8, because there are eight dish towels in one pack).  

$7.92/8 = $0.99

therefore, the unit price, or the price of one dish towel, is $0.99.

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