Answer:
The envelopes have to have $101 for them to have the same amount of money.
x=$101
Explanation:
Olivia has eight envelopes labeled “x” and an additional $218, so we can write that she has this amount of money:
![M_o=8x+218](https://img.qammunity.org/2021/formulas/mathematics/college/29ij0xrhgoic47rd72ymc7fn7q8yfm0x8g.png)
Jasmine has five envelopes labeled “x” and an additional $521. We can write the money that Jasmine has as:
![M_j=5x+521](https://img.qammunity.org/2021/formulas/mathematics/college/8ayoude2uqj9ax3mxla2rt57ltpk3a3bpq.png)
If both have the same amount of money, we have:
![M_o=M_j\\\\8x+218=5x+521\\\\8x-5x=521-218\\\\3x=303\\\\x=303/3=101](https://img.qammunity.org/2021/formulas/mathematics/college/bs6urf4xrqxh057rbqypsxewfqa0vjua83.png)
The envelopes have to have $101 for them to have the same amount of money.