Final Answer:
Paisley paid $2.05 for each juice bottle.
Step-by-step explanation:
Paisley's total cost for snacks was $18.44, comprising a $1.64 bag of chips and an 8-pack of juice bottles. To find the cost per bottle, subtract the chip cost from the total. Therefore, the juice bottles cost $18.44 - $1.64 = $16.80. To find the cost per bottle, divide the total juice cost by the number of bottles, giving $16.80 ÷ 8 = $2.10. However, this is the total cost including chips, so subtract the chip cost to get the individual juice bottle price: $2.10 - $0.05 = $2.05.
In summary, each juice bottle costs $2.05. This calculation ensures an accurate breakdown of the total cost, providing a clear understanding of how Paisley arrived at the price per bottle. This method allows for transparency in financial transactions, assisting in budgeting and cost analysis.
In practice, breaking down costs in this manner is essential for financial clarity, especially when dealing with team expenses. Paisley's meticulous approach ensures fairness in splitting costs among team members, fostering a sense of transparency and accountability within the group. Additionally, this process can be applied in various contexts, demonstrating the importance of accurate cost allocation in financial decision-making.