Answer:
Gold=$0.5
Silver=$0.35
Bronze=$0.25
Step-by-step explanation:
This is the system of equations:
[tex]\$20=14G+20S+24B[/tex] (1)
[tex]\$20=20G+15S+19B[/tex] (2)
[tex]\$20=30G+5S+13B[/tex] (3)
Let's begin by substracting (2) from (1):
[tex]\left \{ {{\$20=14G+20S+24B} \atop {-\$20=-20G-15S-19B}} \right[/tex]
[tex]\$0=-6G+5S+5B[/tex] (4)
Isolating [tex]G[/tex] from (4):
[tex]G=\frac{5S+5B}{6}[/tex] (5)
Substituting (5) in (3):
[tex]\$20=30(\frac{5S+5B}{6})+5S+13B[/tex]
[tex]\$20=30S+38B[/tex] (6)
Substracting (3) from (2):
[tex]\left \{ {{\$20=20G+15S+19B} \atop {-\$20=-30G-5S-13B} \right[/tex]
[tex]\$0=-10G+10S=6B[/tex]
Isolating [tex]G[/tex]:
[tex]G=\frac{10S+6B}{10}[/tex] (7)
Making (5)=(7):
[tex]\frac{5S+5B}{6}=\frac{10S+6B}{10}[/tex]
Isolating [tex]B[/tex]:
[tex]B=\frac{5}{7}S[/tex] (8)
Substituting (8) in (6):
[tex]\$20=30S+38(\frac{5}{7}S)[/tex]
Isolating [tex]S[/tex]:
[tex]S=\$0.35[/tex] (9) This is the monetary value of silver token
Substituting (9) in (6):
[tex]\$20=30(\$0.35)+38B[/tex]
Finding [tex]B[/tex]:
[tex]B=\$0.25[/tex] (10) This is the monetary value of bronze token
Substituting (10) and (9) in (1):
[tex]\$20=14G+20(\$0.35)+24(\$0.25)[/tex]
Finding [tex]G[/tex]:
[tex]G=\$0.5[/tex] (11) This is the monetary value of golden token