Now that you have an additional $300, revise your inequality from part A to reflect your new spending limit. Solve this inequality and graph the solution on a number line. Explain what your solution means in terms of the situation.

Question

Part A. 0.60x ≤ 500,000

Answer 1

The revised inequality, considering an additional $300, would be:
0.60x ≤ 500,300

To solve this inequality, we need to isolate x. We can do this by dividing both sides of the equation by 0.60:
x ≤ 500,300 / 0.60
x ≤ 833,833.33

The solution to the inequality is x ≤ 833,833.33.

To graph this solution on a number line, we can mark the point 833,833.33 and shade the region to the left of that point to indicate all the possible values for x.

In terms of the situation, this solution means that if the spending limit is set at $500,000 and an additional $300 is available, any value of x less than or equal to $833,833.33 would be within the new spending limit.