Question 627184: The city of Waterville has received a grant for $950,000 to spend on various projects: streets, urban renewal, and parks. The mayor has decided that the same amount should be spent on streets as is spent on parks, and that the samount spent on urban renewal should equal the total amount spent on streets and parks. How much money will the city spend on each project?
Answer by mananth(16946)   (Show Source):
You can put this solution on YOUR website! The city of Waterville has received a grant for $950,000
the same amount spent on streets as is spent on parks,
let money spent on parks = x
money spent on streets = alos x
money spent on both = x+x=2x
urban renewal should equal the total amount spent on streets and parks.
urban renewal = 2x
x+x+2x = 950,000
4x= 950 000
x= 950 000/4
x=237500
$237,500 on parks and streets each
Balance = Urban renewal= $ 475 000
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