Answer:
Amount earned by Bob = $ 120
Amount earned by Joe = $96
Explanation:
Framing algebraic equation and solving to find the unknown value:
Let the amount earned each day by Bob be 'x'. To calculate the amount earned in a five-day week, multiply x by 5.
To find the amount earned by Joe, subtract 24 from the amount earned by Bob.
Amount earned by Joe = x - 24
To calculate the amount earned in a five-day week, multiply (x-24) by 5.
Amount earned by Joe in five days = 5*(x - 24)
= 5*x - 5*24
= 5x - 120
Total money earned by both in five days = $1080
5x + 5x - 120 = 1080
Combine like terms,
10x - 120 = 1080
Add 120 to both sides,
10x = 1080 + 120
10x = 1200
Divide both sides by 10,
x = 1200 ÷ 10
x = 120
Amount earned by Bob = $ 120
Amount earned by Joe = 120 - 24
= $96