• August 14th 2013, 01:54 PM
ryan1812
I'm just terrible at work problems. I never know when I look at a problem and get frustrated with myself really easily.

Here are the two problems I'm currently struggling with. I'll provide the information I have

Mr Snipps made four large wire transfers in his hame to an account in the Grand Cayman Islands. The total amount transferred was \$1.3 million.

1) If Snipps' second wire transfer to the Grand Cayman Islands was 1/5 of the total amount transfered, and that second wire transfer was four times the amount of the first, what was the total amount of the first wire transfer?

2) If Snipps' third wire transfer was \$200,000.00 more than the second one, how much did the final wire transfer total?

I think I've discovered based on the limited information I have that the second amount was \$260,000. I have no clue where to go from here!

• August 15th 2013, 04:35 AM
BobP
Call the transfers $T_{1},T_{2},T_{3},T_{4},$ and put the information you have in the form of equations.
$T_{1}+T_{2}+T_{3}+T_{4}=1,300,000$
$T_{2}=1300000/5,$ and $T_{2}=4T_{1}$ etc.