The model that can be used to determine the total amount of prize money based on the value of the first place prize is as follows;
Total amount of price money = 5x - 500
The prices are given to the best 5 acts. The first place wins the most money and each place after that wins $50 less than the previous place. The pattern follows a sequence.
<h3>What is a Sequence?</h3>
Sequence is a list of things (usually numbers) that are in order. Therefore,
let
the first price = x
The common difference of the sequence would be - 50.
To create a model that can be used to determine the total amount of prize money based on the value of the first place prize can be done as follows;
- x , x - 50, x - 100, x - 150, x - 200
Therefore,
Total amount of price money = x + x - 50 + x - 100 + x - 150 + x - 200
Total amount of price money = 5x - 500
learn more on model here: brainly.com/question/2400667
