Billy and Joel need to divide a car and a dog. Using the method of sealed bids, Billy bids $5,000 on the car and $250 on the dog, while Joel bids $4800 on the car and $280 on the dog. Billy will get the car. Joel will take the dog and will also get some money from Billy. To make the division fair, how much money will Billy have to give to Joel?

Billy and Joel need to divide a car and a dog. Using the method of sealed bids, Billy bids $5,000 on the car and $250 on the dog, while Joel bids $4800 on the car and $280 on the dog. Billy will get the car. Joel will take the dog and will also get some money from Billy. To make the division fair, how much money will Billy have to give to Joel?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section9.5: Counting Principles

Problem 53SE: Susan bought 20 plants to arrange along the border of her garden. How many distinct arrangements can...

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