Question

The 17 students on the math team want to raise $578.99 to buy calculators. They have already raised $123.56. If each student raises the same amount, how much more money must each student raise?

Answer 1

The remaining amount needed is $455.43 after subtracting what has already been raised from the goal. Dividing this amount by the 17 students, each student must raise approximately $26.79 to buy the calculators.

Step-by-step explanation:

The math team needs to find out how much more money each student must raise to reach their goal of $578.99. They have already raised $123.56, so the remaining amount they need is the total goal minus what has already been collected:

$578.99 - $123.56 = $455.43.

Now, divide the remaining amount by the number of students to find out how much each student needs to raise:

$455.43 ÷ 17 students = approximately $26.79 per student.

Because we are dealing with money, we round to the nearest cent. The division yields $26.789, and since the digit after the hundredths place (9) is greater than 5, we round up to get:

$26.79 per student.