Ask Experts Questions for FREE Help !
Ask
    jjen's Avatar
    jjen Posts: 3, Reputation: 1
    New Member
     
    #1

    Nov 12, 2005, 10:05 AM
    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.
    CroCivic91's Avatar
    CroCivic91 Posts: 729, Reputation: 23
    Senior Member
     
    #2

    Nov 12, 2005, 10:34 AM
    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?
    fredg's Avatar
    fredg Posts: 4,926, Reputation: 674
    Ultra Member
     
    #3

    Nov 12, 2005, 01:18 PM
    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.
    sexylove01's Avatar
    sexylove01 Posts: 1, Reputation: 1
    New Member
     
    #4

    Feb 24, 2009, 05:37 AM

    write an algebraic expression
    a number times 6

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search


Check out some similar questions!

Math problem [ 3 Answers ]

What will be the 12th term of the following sequence if the pattern continues? 3, 7, 11,. Please explian in good detail!thanks

Math problem [ 10 Answers ]

The pasteurization temperature of milk by the High Temperature Short Time (HTST process is 161 Fahrenheit. What is this temperature in Centigrade? How do you work the problem and show all the work on paper.

Math problem [ 6 Answers ]

Kyle is a world class tennis player and goes to practice with some bags of tennis balls. Kyle has five bags containing a total of 50 tennis balls. The first and second bags contain a total of 21 tennis balls, the second and third bags contain 20 tennis balls, and the third and fourth contain 21...

Math problem [ 3 Answers ]

A restaurant sink compartment is 30" long and 24" wide. If filled to a depth of 12 inches, how many gallons are in the sink? I divided 35/171 my ans. Was 2.0467 and I rounded it to 2.05 GPG dosage. I'm sure it's wrong, but I don't know what I'm doing. How do you work the problem and show...

Math problem [ 1 Answers ]

The amount of a tracer dye injected into the bloodstream decreases expontially, with a decay constant of 3% per minute. If 6 cc are present initially, how many cubic centimeters are present after 10 minutes? (here k will be negative) Note : Proper working and illustration are necessary.


View more questions Search