The chess club is raising money for an upcoming tournament. The club will put $50 of the total amount raised into the club savings account and then divide the rest of the money evenly among the 5 club members to help pay for registration. Write an algebraic expression to represent the amount of money each member will receive.

Identify the meaning of the key terms representing the amount of money each member will receive.

Write the algebraic expression that represents the amount of money each member will receive.

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