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Real-Life Math -- Solution

Divide $15,500 into 12 months.

$15,500 / 12 = $1,291.67
12 months divided into quarters = 3 months to a quarter
3 months x $1,291.67 = $3,875.01 per quarter

Each quarter, you would receive $3,875.01.

What about the photograph collection?

$3,875.01 x 25 percent (or 0.25) = $968.75

You spent $968.75 on the photograph collection.


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