A12-team soccer league has $7,260 to award as prize money. the team that finishes in last place will receive $220, and the prize will increase by a fixed amount for each successive place. how much prize money will the first-place team receive? what is the difference in prize money between successive prizes?

$ 990

Step-by-step explanation:

Since, the total number players, n = 12,

The least amount got by one team, a= $ 220

Let there is a successive difference of d,

Thus, the given situation forms an AP,

In which sum of the AP,

But, According to the question,

⇒

Thus, the successive difference, d = $ 70

⇒ The amount of first price,

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