Mr. Berkholz wants to invest $5000 into an account to save for his daughter for college. He is 'guaranteed' a 5.2% annual return
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Answer:
See below, please!
Step-by-step explanation:
We can set up a system of equations to model this problem. Let's consider the student's ticket as x, and y for the adult ticket.
So since the student ticket is $1.50, and adult is $4, we can set up the following equation: , since they collected $5050 total.
We can set up another equation modeling the number of people who came to the game. This would be x+y=2200.
Solve this, and we get x= 1500 and y=700. So, they sold 1500 student tickets and 700 adult tickets.
Hope this helped!
