Question

Paul has decided to set up his own recording studio. He needs to purchase four speakers at $435 apiece and two mixers at $772 apiece. He also needs to soundproof a room, which will cost him $838. If Paul has $4,500 in his savings account, how close can he come to setting up his studio?
a.
Paul can set up his studio and have $378 left over.
b.
Paul can set up his studio and have $410 left over.
c.
Paul needs an additional $1,166 to set up his studio.
d.
Paul needs an additional $296 to set up his studio.

Answer 1

Cost = 4(435) + 2(772) + 838 = 1740 + 1544 + 838 = 4122.
He has 4500, so leftover = 4500 − 4122 = 378.

Answer: a. Paul can set up his studio and have $378 left over.