Q:

Paul has decided to set up his own recording studio. He needs to purchase four speakers at $435 apiece and two mixers at $772 apiece. He also needs to soundproof a room, which will cost him $838. If Paul has $4,500 in his savings account, how close can he come to setting up his studio? a. Paul can set up his studio and have $378 left over. b. Paul can set up his studio and have $410 left over. c. Paul needs an additional $1,166 to set up his studio. d. Paul needs an additional $296 to set up his studio.

Accepted Solution

A:
Answer: Paul can set up his studio and have $378 left over.Step-by-step explanation:In order to setup his own recording studio, he needs to purchase four speakers at $435 apiece. It means that the cost of 4 speakers is 4 × 435 = $1740He also needs to purchase two mixers at $772 apiece. It means that the cost of 2 mixers is 772 × 2 = $1544He also needs to soundproof a room, which will cost him $838. Therefore, the total cost of all he needs is 1740 + 1544 + 838 = $4122If Paul has $4,500 in his savings account, then Paul can set up his studio and have $378 left over because4500 - 4122 = $378