Answer:
[tex]Each\ Grade = \$915[/tex]
Step-by-step explanation:
Given
[tex]Total = \$5492[/tex]
[tex]Grades = 6[/tex] i.e. 1 to 6
Required
Determine the amount raised by each grade
From the question, we understand that each grade raised the same amount.
This implies that.
[tex]Each\ Grade = \frac{Total}{Grades}[/tex]
[tex]Each\ Grade = \frac{\$5492}{6}[/tex]
[tex]Each\ Grade = \$915.33333333[/tex]
[tex]Each\ Grade = \$915[/tex] (approximated)
