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Vedmedyk [2.9K]
3 years ago
8

Matthew currently has enough money to buy 45 toy cars. If the cost of each car was 10 cents less, Matthew could buy 5 more cars.

How much money does Matthew have to spend on toy cars?
Mathematics
1 answer:
Law Incorporation [45]3 years ago
5 0
The answer is $45

Let's make the system of equations.
x - the cost of the car
y - the amount Matthew has

<span>Matthew currently has enough money to buy 45 toy cars:
y =45x
</span><span>If the cost of each car was 10 cents less, Matthew could buy 5 more cars: 
y = (x - 10)*(45 + 5)

45x = (x - 0.10) * 50
45x = 50x - 5
5 = 50x - 45x
5 = 5x
x = 5 / 5
x = 1

y = 45x = 45 * 1 = $45</span>
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Tariq lives in Palm Beach, Florida, and purchased a house for $250,000. The amount of millage for property tax is 11.8. What is
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Step-by-step explanation:

We have been given that Tariq lives in Palm Beach, Florida, and purchased a house for $250,000. The amount of millage for property tax is 11.8%. We are asked to find the amount of property tax that Tariq paid.

To find the amount of property tax paid by Tariq, we need to calculate 11.8% of $250,000.

\text{Amount of property tax paid by Tariq}=\$250,000\times \frac{11.8}{100}

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Therefore, Tariq paid an amount of $29500 in tax.

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3 years ago
If 1 euro is priced at $1.25 and if 1 euro will also buy 88 Japanese yen (€1 = ¥88), in equilibrium, with no arbitrage opportuni
Alborosie

Answer:

So the exchange rate is that each dollar is worth 70.4 yens.

Step-by-step explanation:

We have that:

1 euro is priced at $1.25

1 euro will also buy 88 Japanese yen

This also means that:

$1.25 is priced at 88 Japanese yen

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So D Option is the correct answer

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