Directions: Define 2 varibles, write 2 equations, and solve the system of equations.  Answer the question(s) asked using correct units. Elyse, Mason, and Ryan have all been able to save up some money towards college. Together they have saved $117,500!  Mason's parents have several wise investments and he has saved up 35% of the total.  Ryan's grandmother has been saving money since before he was born, so he currently has saved 35% more than Elyse.  How much money does each person have saved for college?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Directions: Define 2 varibles, write 2 equations, and solve the system of equations.  Answer the question(s) asked using correct units.

Elyse, Mason, and Ryan have all been able to save up some money towards college. Together they have saved $117,500!  Mason's parents have several wise investments and he has saved up 35% of the total.  Ryan's grandmother has been saving money since before he was born, so he currently has saved 35% more than Elyse.  How much money does each person have saved for college?

Expert Solution
Step 1
  • Mason saved 35% of $117,500.

        Algebra homework question answer, step 1, image 1

          so, Mason saved $ 41,125

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Let Elyse saved $ x.

Let  Ryan saved $ y. 

 

 

 

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