your local cable company charges $29.99/month for basic cable. Premium channels are available for a surcharge of $5.95/channel. You have $70/month budgeted for cable, how many premium channels can you purchase?
70=29.99+ N*5.95
N=(70-29.99)/5.95
Looks like six?
It's understood. Hvala Thanks.
To determine the number of premium channels you can purchase within your $70/month budget, follow these steps:
Step 1: Calculate the amount available for premium channels.
$70 (budgeted amount) - $29.99 (cost of basic cable) = $40.01
Step 2: Determine the number of premium channels that can be purchased.
$40.01 (available amount) ÷ $5.95 (cost per channel) = 6.72
Step 3: Round down the result to the nearest whole number, as you cannot purchase a fraction of a channel.
6.72 rounded down = 6
Therefore, you can purchase up to 6 premium channels within your $70/month budget.
To determine how many premium channels you can purchase, you need to first calculate the amount of money allocated for premium channels within your monthly budget of $70.
Since the basic cable plan costs $29.99/month, you subtract this amount from your budget:
$70 - $29.99 = $40.01
The remaining $40.01 is the amount you have available for premium channels. To find out how many premium channels you can purchase, you divide this amount by the cost of each premium channel, which is $5.95:
$40.01 ÷ $5.95 = 6.71
Since you cannot purchase a fraction of a premium channel, you can purchase a maximum of 6 premium channels with your $70/month budget.