Which sequence is the best financial approach?
1 answer:
Answer:
Option C is correct.
Best financial approach: pay off debts, save for an emergency, save for retirement.
Step-by-step explanation:
It is better to pay off the debts and then the rest of the money must be kept safe for the emergency because it is not necessary that you will have an emergency condition, it can take place or cannot take place. Then, when these two criteria are full filled then the rest of the money should be kept for the retirement.
Therefore, for the best financial approach :
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Answer:
There are 122 one dollar bills, 11 five dollar bills and 5 ten dollar bills.
Step-by-step explanation:
There are bills of one dollar, five dollars and ten dollars on the cash drawer, therefore the sum of all of them multiplied by their respective values must be equal to the total amount of money on the drawer. We will call the number of one dollar bills, five dollar bills and ten dollar bills, respectively "x","y" and "z", therefore we can create the following expression:
We know that there are six more 5 dollar bills than 10 dollar bills and that the number of 1 dollar bills is two more than 24 times the number of 10 dollar bills, therefore:
Applying these values on the first equation, we have:
Applying z to the formulas of y and x, we have:
There are 122 one dollar bills, 11 five dollar bills and 5 ten dollar bills.