SOLUTION: An accountant for a company is creating part of the fiscal budget for next year. She has $50,000 to
allocate for salaries, insurance, and general expenses. Based on previous finan
Question 1163380: An accountant for a company is creating part of the fiscal budget for next year. She has $50,000 to
allocate for salaries, insurance, and general expenses. Based on previous financial statements, she
expects to spend eight times as much on salaries as on insurance. Also, general expenses historically
cost 20% of the amount spent on salaries and insurance combined.
a. Write a system of equations for the amount allocated to each category. (Make certain to clearly define any variables you use.)
