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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

Correct Answer:

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