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The average yearly salary for an individual whose final degree is a bachelor's is $53 thousand and the average yearly salary for an individual whose final degree is a master's is $61 thousand
What are the salary of a master's degree holder and that of a bachelor's degree holder?
Let M be the salary of a master's and B the salary of a bachelor's
M is $45k less than twice B
M=2B-45........(equation 1)
M+B=114.........(equation 2)
substitute for M in the second equation
2B-45+B=114
3B=114+45
3B=159
B=159/3
B=53
M=2B-45
M=(2*53)-45
M=61
Find out more about simultaneous equations on:brainly.com/question/16863577
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Full question:
Suppose the average yearly salary of an individual whose final degree is a master's is $45 thousand less than twice that of an individual whose final degree is a bachelor's. Combined, two people with each of these educational attainments earn $114 thousand. Find the average yearly salary of an individual with each of these final degrees.
The average yearly salary for an individual whose final degree is a bachelor's is
$enter your response here
thousand and the average yearly salary for an individual whose final degree is a master's is
$enter your response here
thousand.
