Final answer:
The President's salary is $400,000 and the Vice President's salary is $172,400, calculated using a system of equations based on the total and difference of their salaries.
Step-by-step explanation:
To solve for the salaries of the President and Vice President using a system of equations, we need to define two variables and set up two equations. Let's say that P represents the President's salary and V represents the Vice President's salary. From the given information, we can write the following equations:
- P + V = $572,400
- P = V + $227,600
We can solve these equations using substitution or elimination. Using substitution, we can take the second equation and substitute P from the first equation:
P + V = $572,400
V + $227,600 + V = $572,400
2V + $227,600 = $572,400
2V = $572,400 - $227,600
2V = $344,800
V = $172,400
Now we know the Vice President's salary; we can find the President's salary by using the second equation again:
P = V + $227,600
P = $172,400 + $227,600
P = $400,000
Hence, the President's salary is $400,000 and the Vice President's salary is $172,400.