Peter and Cindy each had some money at first. Peter started spending $1.20 daily. After 15 days, Cindy started spending 1 2/3 of what Peter spent daily. When CIndy spent all of her money, she had spent $11.60 more than Peter. a) How many days did Cindy take to spend all of her money? b) How much did Peter spend in total when Cindy spent all of her money?

Peter and Cindy each had some money at first. Peter started spending $1.20 daily. After 15 days, Cindy started spending 1 2/3 of what Peter spent daily. When CIndy spent all of her money, she had spent $11.60 more than Peter. a) How many days did Cindy take to spend all of her money? b) How much did Peter spend in total when Cindy spent all of her money?

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics

Section: Chapter Questions

Problem 7QP

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