Sure, let's solve the problem step by step.
1. Understanding the given information:
- You start with an initial amount of money, which is [tex]\( \$23 \)[/tex].
- You want to buy [tex]\(5\)[/tex] bagels.
- Each bagel costs [tex]\( \$3 \)[/tex].
2. Calculate the total amount of money spent on bagels:
- For [tex]\(5\)[/tex] bagels, each costing [tex]\( \$3 \)[/tex], the total expenditure will be calculated by multiplying the number of bagels by the cost per bagel.
[tex]\[
\text{money spent} = \text{number of bagels} \times \text{cost per bagel} = 5 \times 3 = 15
\][/tex]
3. Calculate the remaining amount of money:
- You started with [tex]\( \$23 \)[/tex] and spent [tex]\( \$15 \)[/tex] on bagels. Subtract the money spent from the initial amount to find out how much money you have left.
[tex]\[
\text{money left} = \text{initial amount} - \text{money spent} = 23 - 15 = 8
\][/tex]
Therefore, you spent [tex]\( \$15 \)[/tex] on bagels and have [tex]\( \$8 \)[/tex] left.
