SOLUTION: A small town has an adult population of 100. The mean yearly salary of these 100 adults is $74,750. One adult is a multimillionaire who makes 5 million dollars a year. What is the

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Question 252180: A small town has an adult population of 100. The mean yearly salary of these 100 adults is $74,750. One adult is a multimillionaire who makes 5 million dollars a year. What is the mean yearly salary of the other 99 adults?
A. $24,000 B. $24,500 C. $25,000 D. $26,000 E. $26,500

Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
(99x+5,000,000)/100=74750
solve for x
(99x+5000000=7475000
99x=2475000
x=2475000/99