Explain the amount of the bachelor''s share

Assignment Help Mathematics

Reference no: EM13200239

The Gooch family, the McCoy family, a bachelor and a couple without children have decided to buy a summer home together. They will divide the purchase price according to the size of each family. The house costs $264,000. The smaller of the two families- the McCoys - have 2 children and will carry one third of the cost. The larger - the Gooch family- will pay three times the amount of the bachelor's share and twice the amount the couple will pay. How much will each party have to pay, and what percent of the house will they own?

Reference no: EM13200239

Questions Cloud

What is the relation between interest rate ana interest : Now suppose that policy makers like to increase national income. Which of expansionary fiscal policy and expansionary monetary policy is more effective to achieve the policy goal? Explain with the IS-LM model.

What is the least and greatest possible legnth of each side : what is the least and greatest possible legnth of each side ?

Explain what is a binomial factor : What is a binomial factor? In your own words, describe the process of factoring by grouping. Explain how the distributive property is used in this process. Give a detailed example of this process.

What is the net fixed rate that vz has to pay : What will be the net interest payment of VZ for the principal of 100M on each of the dates shown in the above table? Of this amount, how much goes to Citibank?

Explain the amount of the bachelor''s share : The larger - the Gooch family- will pay three times the amount of the bachelor's share and twice the amount the couple will pay. How much will each party have to pay, and what percent of the house will they own?

Explain how the values of the slope affect the overall : Then explain how the values of the slope affect the overall meaning of the equation.

Explain how many of each denomination : The number of dimes is 1 less than twice the number of quarters. How many of each denomination are there?

What intervention would countrys central bank undertake : If a country's par exchange rate was undervalued during the Bretton Woods fixed exchange rate regime, what kind of intervention would that country's central bank be forced to undertake, and what effect would it have on its international reserves a..

Find how many gallons of water can the tank hold : A storage tank in the shape of a cylinder has a diameter of 24 feet, and the height of the tank is 16 feet. How many gallons of water can the tank hold?

User Account

All Pages