By the intersecting chords theorem, you have
Ed's new car has a value of $23,500, but it is expected to depreciate at a rate of 7.5% per year. What is the value of Ed's car
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Answer
Find out the how much did each student recieve .
To prove
Let us assume that each student earned in the bake sell be x .
As given
Three students earned $48.76 at the bake sell.
The students split the earnings evenly i.e earning is divided into three equal parts .
Than the equation becomes
Solving the above
x = $16.25(approx)
Therefore the each student recieve $16.25(approx) .
Hence proved