Linda’s savings account has fallen below the $1,000 minimum balance required to receive interest. It is currently $871.43. The m
onthly fee charged by the bank for falling below the minimum is x dollars. Express algebraically how you compute the number of months it will take Linda’s account to reach a zero balance if she makes no deposits. Explain. If x = 9, how many will it take?
Linda’s savings account has fallen below the $1,000 minimum balance required to receive interest. It is currently $871.43. The monthly fee charged by the bank for falling below the minimum is x dollars.
Now, the number of months it will take Linda's account to reach a zero balance will be given by