Question
A youth group receives two grants. One is for ￡5,125 and the other is for ￡2,950 Approximately (1)/(2) of the grants will be spent on a group trip abroad and (1)/(4) of the grants will be spent on new equipment for the group. By rounding to the nearest thousand , estimate the amount of money the group will have left f
Answer
4.4
(219 Votes)
Kristina
Elite · Tutor for 8 years
Answer
Now to perform and wrap up our calculations;## In Step 1: Total grant
.## In Step 2, rounding it to nearest thousand, the total grant
.## In Step 3, roughly, the group trip will cost
.## In Step 4, approximately, new equipment will cost
.## In our final Step 5, The aggregate left is calculated as
. The youth group will have an estimated amount of about ￡2,000 remaining.
Explanation
## Step 1:We will first combine the total of the two grants.### The total grant is
.## Step 2: In this step, we will round the total grant amount to the nearest thousand for creating simpler and manageable numbers. ### Rounded total grant
## Step 3:Now, we calculate about how much will be spent on the group trip. Half (
) of the total grant will be spent for this. Thus,### Amount for group trip
.## Step 4:Next, fourth part (
) from the total grant will be expended on new infrastructure thereby;### Amount for new equipment
.## Step 5:Finally, subtract the amounts of the trip and gear from the total grant to figure out how much funds remain. ### Remaining funds = Total grant - cost of trip - price of new equipment