Final answer:
To determine the cost to rent a chair and each table, we solve the system of linear equations derived from the given total costs. By calculation, the cost to rent a chair is $2.50 and the cost to rent a table is $8.25.
Step-by-step explanation:
The question involves solving a system of linear equations to find the cost to rent each chair and each table from a party rental company.
We can represent the cost of a chair as 'c' and the cost of a table as 't'. The first equation based on the given information is:
8c + 4t = $53 (1)
The second equation would be:
3c + 2t = $24 (2)
By solving these two equations simultaneously, we can find the individual costs of a chair and a table.
Start by multiplying Equation (2) by 2 for easier elimination: 6c + 4t = $48.
Now subtract the new equation from Equation (1): (8c + 4t) - (6c + 4t) = ($53 - $48) which simplifies to 2c = $5.
Divide both sides by 2 to find the cost of one chair: c = $2.50.
Insert the value of c into Equation (2) to find t: 3(2.50) + 2t = $24, which simplifies to 7.50 + 2t = $24.
Subtract 7.50 from both sides to solve for t: 2t = $16.50.
Lastly, divide by 2 to get the cost of one table: t = $8.25.
Therefore, the cost to rent a chair is $2.50, and the cost to rent a table is $8.25.