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Paul has decided to set up his own recording studio. He needs to purchase four speakers at $435 apiece and...

Paul has decided to set up his own recording studio. He needs to purchase four speakers at $435 apiece and two mixers at $772 apiece. He also needs to soundproof a room, which will cost him $838. If Paul has $4,500 in his savings account, how close can he come to setting up his studio?
a. Paul can set up his studio and have $378 left over.
b. Paul can set up his studio and have $410 left over.
c. Paul needs an additional $1,166 to set up his studio.
d. Paul needs an additional $296 to set up his studio.
Please select the best answer from the choices provided
a. O
b. A
c. C
d. D

Answer

To find out how close Paul can come to setting up his studio, we need to calculate the total cost and compare it to his savings.

  1. Cost of four speakers: 4 x $435 = $1,740
  2. Cost of two mixers: 2 x $772 = $1,544
  3. Cost to soundproof the room: $838
  4. Total cost: $1,740 + $1,544 + $838 = $4,122
  5. Paul's savings: $4,500
  6. Difference: $4,500 - $4,122 = $378

Therefore, the correct answer is:

a. Paul can set up his studio and have $378 left over.

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