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ruby wants to start her own business taking photographs. she already ha…

Question

ruby wants to start her own business taking photographs. she already has her own camera, but needs to purchase lights, a photo printer, and photo paper. if the cost of the photo printer is $251.99, the cost of lighting is $150.00, and the cost for 100 sheets of photo paper is $30.98, determine how much of her savings will be used to start her company, given that she has $840.32 in savings.
a. $432.97
b. $840.32
c. $432.62
d. $407.35
please select the best answer from the choices provided
a
b
c
d

Explanation:

Step1: Sum all startup costs

$\$251.99 + \$150.00 + \$30.98$

Step2: Calculate total expenditure

$\$251.99 + \$150.00 = \$401.99$; $\$401.99 + \$30.98 = \$432.97$

Step3: Compare to savings (verify sufficiency)

$\$432.97 < \$840.32$, so full cost is used.

Answer:

a. $\$432.97$