Let the number of $1 bill be x and $5 bill be y
x=5y
5y+y=48
6y=48
x=40
y=8
number of $1 bill= 40
number of $5 bill = 8
Answer is 49
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40x=356000 x= 8900 applications
you make x the number of total applications
64,000/2=32,000
32,000/12= $2,666.67 per paycheck