Which of the following groups describes your annual household income?

A. Less than [tex]$15,000
B. $[/tex]15,000 to [tex]$24,999
C. $[/tex]25,000 to [tex]$49,999
D. $[/tex]50,000 to [tex]$74,999
E. $[/tex]75,000 to [tex]$99,999
F. $[/tex]100,000 to $149,999



Answer :

Certainly! Let's break down the solution step-by-step:

Olivia has some initial amount of money and she purchases some bagels. We need to determine how much money she spends and how much she has left after making the purchases.

1. Initial Money:
Olivia starts with a certain amount of money. In this case, she has [tex]$23 initially. 2. Number of Bagels Purchased: Olivia decides to buy 5 bagels. 3. Cost per Bagel: Each bagel costs $[/tex]3.

4. Calculate Total Money Spent:
To find out how much Olivia spends on bagels, we multiply the number of bagels she buys by the cost per bagel.
[tex]\[ \text{Total Money Spent} = \text{Number of Bagels} \times \text{Cost per Bagel} \][/tex]
Plugging in the values:
[tex]\[ \text{Total Money Spent} = 5 \, \text{bagels} \times 3 \, \text{dollars per bagel} = 15 \, \text{dollars} \][/tex]

5. Calculate Remaining Money:
To find out how much money Olivia has left after buying the bagels, we subtract the total money spent on bagels from her initial amount of money.
[tex]\[ \text{Money Left} = \text{Initial Money} - \text{Total Money Spent} \][/tex]
Plugging in the values:
[tex]\[ \text{Money Left} = 23 \, \text{dollars} - 15 \, \text{dollars} = 8 \, \text{dollars} \][/tex]

So, Olivia spends [tex]$15 on bagels and has $[/tex]8 left.

The numerical result is:
[tex]\[ (15, 8) \][/tex]

This result shows that Olivia spends a total of [tex]$15 on bagels and has $[/tex]8 remaining from her initial $23.