Question

A business has $10,000 in its bank account. In order to build an addition onto its office, it takes out a loan for $30,000 and deposits that money into the bank account. A number line is shown. The number line goes from zero dollars to forty thousand dollars by intervals of five thousand. A point is plotted at ten thousand dollars. What is the new account balance?

Answer 1

Answer:

The new account balance is $40000

Step-by-step explanation:

The number line is not given. However, the question can be solved without it.

Given

$Balance = \ 10000$

$Loan = \ 30000$

Required

Determine the new balance

$New\ Balance = Initial\ Balance + Loan\ Amount$

$New\ Balance = \ 10000 + \ 30000$

$New\ Balance = \ 40000$

Hence:

The new account balance is $40000