Alma was given some money as a gift and deposited it into a savings account. She makes a withdrawal of the same amount at the en
d of each month. At the end of the 5th month, her balance was $442. At the end of the 13th month, her balance was $226.
2 answers:
Answer:
1. Input = $ 577
2.Output = $ 226
Step-by-step explanation:
Thinking process:
Let the amount drawn between the 5th month and the 13 th month be x
From the 5th to 13 th month are 8 months.
Therefore, the difference will be $ 442 - $ 226 = $ 216
This amount is distributed over 8 months so each month Alma withdraws:
In the meantime, the 5th month, the money withdrawn will be: $ 442 + (5×$ 27.00) = $ 577.00
The output will be $ 216. This is the amount remaining after all the withdraws.
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