SOLUTION: Kathy and Mark Smith believe investing in their retirement is critical. Kathy began investing 20% of each paycheck in a retirement account when she was 20 years old. She has saved

Question 1174888: Kathy and Mark Smith believe investing in their retirement is critical. Kathy began investing 20% of each paycheck in a retirement account when she was 20 years old. She has saved four times more than Mark who began saving when he was 35. If their total retirement savings equals $1,450,000, how much are Kathy’s and Mark's investments worth?
Banana Republic at the Orlando, Florida, outlet store sells casual jeans for $40 and dress jeans for $60. If customers bought 5 times more casual than dress jeans and last month’s sales totaled $6,500, how many of each type of jeans were sold?

Answer by greenestamps(13200) (Show Source): You can put this solution on YOUR website!

Basic rule of the forum: ONE question per post.

Neither of the problems you posted can be solved with certainty, because poor language is used.

Specifically, the phrases "4 times more than..." in your first problem and "5 times more than..." in your second problem are very probably misused.

Unfortunately, in sloppy everyday usage, "4 times more than" and "4 times as much as" are used to mean the same thing. But, grammatically, "4 times as much as 10" is 4*10 = 40, whereas "4 times more than 10" is 10, plus 4*10, or 10+40=50.

I don't doubt for a moment that these problems are exactly as they were given to you, so it's not your fault....

But, as stated, we don't know what the real information is, so we can't solve the problems.

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