Troy P.

asked • 07/20/18

where is 1 million lost

I want to buy a car, but do not have money, I borrow to the A = 50million and to the B = 50Million total 100 million. I bought the car a price of 97 million, the remaining 3 million

To reduce debt, I turn 1 million to A, 1 million to B,
and 1 million i pocket

So my debt with A = 49 million and B = 49 million. But when summed = 49 million + 49 million = 98 million
+ 1 million in my pocket = 99 million total

Whereas there were 100 million
Where is its 1 million

1 Expert Answer

By:

Philip P.

tutor
The invalid step is "But when summed = 49 million + 49 million = 98 million + 1 million in my pocket = 99 million total"  The $1M would reduce your debt to $97M, so it should be subtracted from the $98M, not added to it.
 
 
Report

07/20/18

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.