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-   -   Could someone help with my math problem (https://www.askmehelpdesk.com/showthread.php?t=14751)

  • Nov 12, 2005, 10:05 AM
    jjen
    Could someone help with my math problem
    Jim and Alice Lange, employees at Wal-Mart, have put themselves on a strict budget. Their goal at year’s end is to buy a boat for $15,000 in cash. Their budget includes the following:
    40% food and lodging 20% entertainment 10% educational

    Jim earns $1,900 per month and Alice earns $2,400 per month. After one year, will Alice and Jim have enough cash to buy the boat?

    I need help figureing this out anyone no how.
  • Nov 12, 2005, 10:34 AM
    CroCivic91
    How much money will they both (together) make in a year? How much of it do they have to spend on food, entertainment and education? How much will they have left? Will it be enough for the boat?
  • Nov 12, 2005, 01:18 PM
    fredg
    Buy a boat
    Hi,
    Jim makes $22,800 in 1 year.
    Alice makes $28,800 in 2 years.
    (Multiply each monthly amount by 12)

    Total income is $51,600 per year (add them together).
    They have budgeted a total of 70%.
    That leaves 30% (which is 100% minus 70%)
    If this 30% is for the boat, then Yes, they can buy the boat.
    Because:
    30% of $51,600 = $15,480, which they have at the end of the year.
    (just multiply .30 times $51,600)
    They have $480 after buying the boat.
  • Feb 24, 2009, 05:37 AM
    sexylove01

    write an algebraic expression
    a number times 6

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