Question

Each of the 20 employees at Company J is to receive an end-of-year bonus this year. Agnes will receive a larger bonus than any other employee, but only 500USD more than Cheryl will receive. None of the employees will receive a smaller bonus than Cheryl. If the amount of money to be distributed in bonuses at Company J this year totals 60,000USD, what is the largest bonus Agnes can receive?
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Answer Choices

  • A.
    3,25USD
  • B.
    3,325USD
  • C.
    3,400USD
  • D.
    3,475USD
  • E.
    3,500USD

Steps

ExplanationCalculationsHelp
We name the bonus for Agnes as A and the bonus for Cheryl as C.
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TRANS1-A
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We translate into an equation.
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TRANS1-C
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We interpret , so to make Agnes's bonus as large as possible, we assign each of the other 18 employees exactly C.
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TRANS4-B
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We translate into an equation for all bonuses.
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TRANS1-C
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We substitute the expression for A into the total and simplify to isolate C.
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EQUA3-A
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EQUA1-B
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We subtract 500 from both sides and divide by 20 to find C.
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EQUA1-C
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We add 500 to Cheryl's bonus to find Agnes's bonus.
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Final Answer

3475 USD