Jim and Alice Lange, employees at Walmart, have put themselves on a strict budget. Their goal at year's end is to buy a boat for $15,000 in cash. Their budget includes the following: 32% food and lodging 17% entertainment 10% educational Jim earns $1,700 per month and Alice earns $2,500 per month. After 1 year, will Alice and Jim have enough cash to buy the boat? (Assume that any amounts left over will be saved for purchase of boat.) they will have saved

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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Jim and Alice Lange, employees at Walmart, have put themselves on a strict budget. Their goal at year's end is to buy a boat for
$15,000 in cash. Their budget includes the following:
32% food and lodging 17% entertainment 10% educational
Jim earns $1,700 per month and Alice earns $2,500 per month. After 1 year, will Alice and Jim have enough cash to buy the boat?
(Assume that any amounts left over will be saved for purchase of boat.)
they will have saved
Transcribed Image Text:Jim and Alice Lange, employees at Walmart, have put themselves on a strict budget. Their goal at year's end is to buy a boat for $15,000 in cash. Their budget includes the following: 32% food and lodging 17% entertainment 10% educational Jim earns $1,700 per month and Alice earns $2,500 per month. After 1 year, will Alice and Jim have enough cash to buy the boat? (Assume that any amounts left over will be saved for purchase of boat.) they will have saved
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