Answer: $1.38
Explanation:
Let the value of the Reese be represented by x
Since the chip cost $1.60 more than the Reese, then the chip will be:
= x + 1.60
Since they cost $4.36 altogether, the value of the Reese will be:
x + (x + 1.60) = 4.36
2x + 1.60 = 4.36
2x = 4.36 - 1.60
2x = 2.76
x = 2.76/2
x = 1.38
The Reese cost $1.38