This year, chad paid 2300 for season tickets to his favorite baseball team, which is 25% more expensive than last year. what was the price of season tickets last year.

the price for season tickets to his favorite baseball team last year is 1840

Step-by-step explanation:

Let x = the price for season tickets to his favorite baseball team last year

This year, Chad paid 2300 for season tickets to his favorite baseball team, which is 25% more expensive than last year. This means that the price of this year's season ticket is equal to the sum of ( the price of last year's season ticket + 25% of the price of last year's season ticket.).

Price of this year's ticket is 2300

This is expressed as

2300 = x + 25 % of x

2300 = x + 25/100 × x

2300 = x + 0.25 × x = x + 0.25x

2300 = 1.25x

1.25x = 2300

x = 2300/1.25

x = 1840

rx and sx

step-by-step explanation:

$3,200 x 7.25% = $3,200 x .0725 = $232 interest monthly

$232 monthly x 12 annual = $2, 784

step-by-step explanation: