Justify your answer.Five years ago Uncle Shelby had $108,000. He put of the money in the bank.He invested the rest of the money and it gained 24%. He then gave each of his12 nephews and nieces an equal share of the invested money. How much dideach niece or nephew receive?Show your work.

Given query is to find the money received by each person.

3 Five years ago Uncle Shelby had $108,000. He put of the money in He invested the rest of the money and it gained 24%. He then gave 12 nephews and nieces an equal share of the invested money. How each niece or nephew receive?

3 Five years ago Uncle Shelby had $108,000. He put of the money in He invested the rest of the money and it gained 24%. He then gave 12 nephews and nieces an equal share of the invested money. How each niece or nephew receive?

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.6: Solve Applications With Linear Inequalities

Problem 3.111TI: Taleisha’s phone plan costs her $28.80 a month plus $0.20 per text message. How many text messages...

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