The
association has $2000 in its reserve fund that it will
use to help pay for the repairs. How much must the
association charge each of the 50 homeowners if the
total cost of repairs is $13,350?
(
Each homeowner will pay $?

An equation is an expression that shows the relationship between two or more numbers and variables. An independent variable is a variable that does not depend on other variables while a dependent variable is a variable that depends on other variables.

Let x represent the money that is charged in each owner. The association has $2000 in its reserve and the total cost of repairs is $13,350. Hence:

50x + 2000 = 13350

x = $227

The amount of money that each owner would pay for the repairs is $227.

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The association has $2000 in its reserve fund that it will use to help pay for the repairs. How much must the association charge each of the 50 homeowners if the total cost of repairs is $13,350? ( Each homeowner will pay $?

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What is an equation?

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The
association has $2000 in its reserve fund that it will
use to help pay for the repairs. How much must the
association charge each of the 50 homeowners if the
total cost of repairs is $13,350?
(
Each homeowner will pay $?