Let's analyze a scenario where we have some initial money and want to buy a number of bagels, each at a given cost. Here is a step-by-step solution:
1. Initial Amount of Money:
You start with an initial amount of money, which in this case is $23.
2. Cost and Quantity of Bagels:
You plan to buy 5 bagels, and each bagel costs $3.
3. Money Spent on Bagels:
To find out how much money you spent on the bagels, you multiply the number of bagels by the cost of each bagel:
[tex]\[
\text{Money Spent} = \text{Number of Bagels} \times \text{Cost per Bagel} = 5 \times 3 = 15
\][/tex]
So, you spend $15 on bagels.
4. Money Left After Buying Bagels:
Once you know how much you spent, you subtract that amount from your initial money to find out how much money is left:
[tex]\[
\text{Money Left} = \text{Initial Amount of Money} - \text{Money Spent} = 23 - 15 = 8
\][/tex]
So, you have $8 left after buying the bagels.
Therefore, the amount of money spent on bagels is [tex]$15, and the money left after purchasing the bagels is $[/tex]8.