equations in financial contexts\n0.25x - 0.06x = 150\n0.19x = 150\nx = \\frac{150}{0.19} \\approx…

equations in financial contexts\n0.25x - 0.06x = 150\n0.19x = 150\nx = \\frac{150}{0.19} \\approx 789.47\nthis question has three parts.\npart 1. plug x = 789.47 into the original equation.\n0.25 = \\frac{0.06 * 789.47+150}{789.47}\nround the value on the right side to the nearest hundredth. enter your answer in the box.\n0.25 = 150\npart 2. choose the correct answer from the drop - down menu to complete the statement.\nx = 789.47 is a solution.\npart 3. choose the correct answers from the drop - down menus to complete the statements.\nthe employee must have a gross income of approximately $789.47 per paycheck to achieve a savings rate of
Answer
Explanation:
Step1: Substitute x value
Substitute (x = 789.47) into (0.25x-0.06x). (0.25\times789.47 - 0.06\times789.47=(0.25 - 0.06)\times789.47=0.19\times789.47 = 149.9993\approx150.00)
Step2: Check solution
Since substituting (x = 789.47) into the original equation (0.25x-0.06x = 150) gives a result very close to 150 (after rounding to the nearest hundred - th), (x = 789.47) is a solution.
Step3: Interpret result
The equation was likely set up to find the gross income (x) related to a savings - rate problem. So the employee must have a gross income of approximately (789.47) per paycheck to achieve the relevant savings rate.
Answer:
Part 1: (150.00) Part 2: is Part 3: (789.47)