Answer:
Mike has =$63.94
Anthony = $197.3
Explanation:
Step one:
let the certain amount that Mike has be x
so
in all Mike has = (x+25.25)
Anthony has
3(x+25.25)+5.48
we are told that the total amount for both Mike and Anthony is
$261.23
so
(x+25.25)+3(x+25.25)+5.48=261.23
open bracket
x+25.25+3x+75.75+5.48=261.23
collect like terms
x+3x+25.25+75.75+5.48=261.23
4x+106.48=261.23
4x=261.23-106.48
4x=154.75
divide both sides by 4
x=154.75/4
x=38.69
Hence,in all
Mike has = (38.69+25.25)
Mike has =$63.94
Anthony has
=3(38.69+25.25)+5.48
=3(63.94)+5.48
=191.82+5.48
=$197.3