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?
Answer
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.
Explanation
The speakers cost 4 × $435 = $1,740, and the mixers cost 2 × $772 = $1,544. Adding the $838 soundproofing cost gives a total of $4,122; subtracting that from Paul’s $4,500 savings leaves $378. So Paul can set up his studio and have $378 left over.
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