Question

Kim has worked in the tech industry for some time and would like to start consulting. In opening her new business, she will need equipment. She needs to purchase 3 laptops, 2 desktop computers, and a fax machine. Each laptop costs $546.78, each desktop computer costs $1,255.99, and the cost of the fax machine is $125.99. She currently has $3,500 in her savings account. Determine if Kim has enough in her savings account to cover the expenses of her new company, and if she doesn't have enough, determine the amount needed to cover the cost.a.Kim can cover the cost with $315.25 left over.b.Kim can cover the cost with $477.68 left over.c.After expenses, Kim will need an additional $1,478.52 to start her company.d.After expenses, Kim will need an additional $778.31 to start her company.

Answer 1

Answer:

The correct answer is D "After expenses, Kim will need an additional $778.31 to start her company"

Explanation:

Equipment that Kim need:

3 laptops = $546.78 each one, so $546.78 x 3 (number of laptops) = $1640.34

2 desktop computers = $1255.99 each one, so $1255.99 x 2 (Number of desktop computers) = $2511.98

1 Fax Machine = $125.99 each one, so $125.99 x 1 (Number of fax) = $125.99

The total amount that Kim will need is: $1640.34 + $2511.98 + $125.99= $4278.31

And She currently has $3,500 in her account

Kim will need and additional of $778.31, beacuse $4,278.31 - $3,500= $778.31