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Mathematics, 05.05.2020 20:43 jdeformity
Suppose the chamber of commerce in Pinehurst N. C., decided to hold a professional golf tournament. They would probably be able to get a TV contract from a major network. The tv revenue would be about 4 million, and they would sell 60,000 tickets at $8 a piece. The fund for the prizes would be 20% of their total revenue (tv plus tickets) rounded to the nearest $10,000. The prizes would be as follows. (all prizes are rounded to the nearest dollar).
First prize: 18% of the total prize money.
Second prize: 60% of the first prize
Third: 65% of the second prize
Fourth: 70% of the third prize
Fifth: 75% of the fourth prize
Sixth: 6% of the remaining prize money
Seventh: $900 less than sixth prize
Eighth: $900 less than seventh prize
Each subsequent prize is $900 less than the previous prize.
Suppose two golfers finished in a tie for tenth place, and they split the combined 10th and 11th prizes. How much did each of them get?
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Suppose the chamber of commerce in Pinehurst N. C., decided to hold a professional golf tournament....
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