Sure! Let's solve this step-by-step.
1. Understanding the problem:
The barangay plans to construct a reading center that will cost [tex]$5,113,745. This cost will be equally divided among 35 residents. We need to determine how much each resident will have to contribute.
2. Identify the total cost:
The total cost for constructing the reading center is $[/tex]5,113,745.
3. Identify the number of residents sharing the cost:
The number of residents contributing to the cost is 35.
4. Calculate the amount each resident has to pay:
To find out how much each resident needs to contribute, we divide the total cost by the number of residents.
5. Perform the division:
[tex]\[
\text{Amount each resident has to pay} = \frac{\text{Total cost}}{\text{Number of residents}}
\][/tex]
[tex]\[
= \frac{5,113,745}{35}
\][/tex]
Dividing [tex]$5,113,745 by 35, each resident will have to pay $[/tex]146,107.
6. Conclusion:
Each one of the 35 residents will need to contribute $146,107 to cover the cost of constructing the reading center.
