SOLUTION: The amount of money that each person must contribute to buy a retirement gift for a coworker varies inversely as the number of people contributing. If 64 people must contribute &#8

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Question 1080942: The amount of money that each person must contribute to buy a retirement gift for a coworker varies inversely as the number of people contributing. If 64 people must contribute ​$5 ​each, how much does each person have to contribute if there are 8 ​people.
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
y=k/x; y=money, x=people
64=k/5
k=320 Use that in second part
y=320/8=$40 per person.