Allegera McReynolds 1/29N17 10:4 Homework: M7.3 Apply (Copy) lyLabsPlus\" My Cou

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Allegera McReynolds 1/29N17 10:4 Homework: M7.3 Apply (Copy) lyLabsPlus" My Courses Score: 0 of 1 pt. 3 of 5 (1 complete) HW Score: 0%, 0 of 5 pts course Home M7.3 Apply Q-5 n 1994, funding for a program increased by 060 balon dolurs tom the funding in n ne was 1.20 blon dutas over the ee years the Anding 032 blon dolars much was tunded in each years? Pearson Tulor In 1993, funding was bson (Type an integer cr a deomal Enter your answer n the answer box and then Chao Answer 2 parts Go to Assignment List

Explanation / Answer

Let the funding in 1993 be x billion dollars. Then the funding in 1994 was x + 0.60 billion dollars and the funding in 1995 was (x+0.60) + 1.26 = x +1.86 billion dollars. Since the total funding in 1993,1994 and 1995 was 10.32 billion dollars, hence x + (x +0.60) +(x+1.86) = 10.32 or, 3x + 2.46 = 10.32 or, 3x =10.32-2.46 = 7.86. Therefore, x = 7.86/3 = 2.62. Thus, in 1993, the funding was $2.62 billion.

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