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Real-Life Math

"You will need to use math at some point," says Melissa Maughn. Maughn is a professional wrestler who works for a wrestling association. "Whether it's figuring out how much gas money you might need, or how much will be left after your trip, or how much you have to save to get your outfits made... you have to have some basic math skills."

You are starting to make a name for yourself in the world of wrestling. You have even been able to get booked for some pretty decent events.

Today, you receive a call from a promoter who has had an eye on you and is hoping you will perform at an upcoming match. The pay is $760. This opportunity is in a different city. If you decide to accept this offer, you must travel 745 miles to get there and then back again. You feel that driving would be the most economical transportation choice. These are your projected costs:

Current gas prices are at $2.71 per gallon. Your car takes 16 gallons which equals to about 320 miles of driving.
One night's accommodation will cost $110.
You have set aside $50 for meals.

1. What will be the total cost for you for this trip?

2. After all your expenses, what will be your projected profit?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.