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Two Welders Work a Total of 27 H on a Project

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Two welders work a total of 27 h on a project. One welder made $15/h while the other made $23/h. If the gross earnings of the two welders was $485 for the job, how many hours did each welder work?


Definitions:

Investment Earnings

The return or income generated from various forms of investments, such as stocks, bonds, or real estate.

Present Value

A financial concept that calculates the current value of a future sum of money or stream of cash flows, given a specific rate of return.

Discount Rate

The interest rate used to discount future cash flows to their present value, important in investment and financial decision making.

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