Question

Set up and solve an equation for the following business situation.

You are the administrator of an annual essay contest scholarship fund. This year a $65,000 college scholarship is being divided between the top two contestants so that the winner receives four times
as much as the runner-up. How much will each contestant receive

Answer 1

Runner up is 13,000

Winner is 52,000

Step-by-step explanation:

65,000 divided by 5 = runner up.

65,000 minus runner up amount = winner amount.