Sara and Jeff Have Agreed to Pool Their Savings When

question 121

Short Answer

Sara and Jeff have agreed to pool their savings when they have saved the same amount of money.Sara can save $40 a week but she must give her first $65 to her mom.Four weeks ago Jeff started saving $25 a week.When will they pool their savings? How much will they each have saved?

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Definitions:

Bureaucracy Structure

A hierarchical organizational structure characterized by fixed areas of responsibility, a defined hierarchy of authority, and a set of rules and procedures to control operations and decision-making.

Formalized Structure

An organizational setup that emphasizes well-established rules and procedures, clear hierarchy, and fixed duties and responsibilities.

Centralization

The concentration of control or authority in the hands of a central government, organization, or individual.

Decentralized

The distribution of functions, powers, or people away from a central location or authority, often applied in contexts such as government, technology, and organizational structures.