Set Up an Equation That Can Be Used to Solve

question 2

Multiple Choice

Set up an equation that can be used to solve the problem. Solve the equation and answer the question asked.
-An accountant receives a salary of $270,775 per year. During the year, he plans to spend $97,000 on his mortgage, $52,000 on food, $39,000 on clothing, $45,000 on household expenses, and $29,000 on other expenses.
With the money that is left, he expects to buy as many shares of stock at $225 per share as possible. How many
Shares will he be able to buy?

• A) 36 shares
• B) 41 shares
• C) 39 shares
• D) 38 shares

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Definitions:

British Parliament

The supreme legislative body in the United Kingdom, consisting of two houses: the House of Commons and the House of Lords.

Port Of Charleston

A significant seaport in Charleston, South Carolina, with a rich history of trade, immigration, and military strategic importance in the United States.

Natural Rights

Rights that individuals are born with, which are not contingent upon laws, customs, or beliefs, often including the right to life, liberty, and property.

American Revolution

The period (1765-1783) during which thirteen of Britain's North American colonies successfully fought for their independence to become the United States of America.