Tim and Caitlin are preparing to get married. Caitlin has a car payment of $300 per month, which is 10% of her monthly income. After they ar

Question

Tim and Caitlin are preparing to get married. Caitlin has a car payment of $300 per month, which is 10% of her monthly income. After they are married, Caitlin knows that her car payment will only be 6% of their combined monthly income. How much money does Tim make per month? A $2,000 B $4,000 C $5,000 D $3,000

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Eden 4 days 2021-10-11T11:39:04+00:00 1 Answer 0

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    2021-10-11T11:40:40+00:00

    Answer:

    A. $2,000

    Step-by-step explanation:

    Let x represent Caitlin’s monthly income and y represent Tim’s monthly income.

    We have been given that Caitlin has a car payment of $300 per month, which is 10% of her monthly income.

    We can represent this information in an equation as:

    \frac{10}{100}x=300

    0.10x=300

    x=\frac{300}{0.10}

    x=3000

    Therefore, Caitlin’s monthly income would be $3000.

    We are also told that after Caitlin is married to Tim, her car payment will only be 6% of their combined monthly income.

    This means that 6% of x plus y is equal to 300.

    \frac{6}{100}(x+y)=300

    0.06(3000+y)=300

    180+0.06y=300

    180-180+0.06y=300-180

    0.06y=120

    y=\frac{120}{0.06}

    y=2000

    Therefore, Tim’s monthly income is $2,000 and option A is the correct choice.

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