during the week, the Toronto stock exchange made the following gains and losses. Monday -150, Tuesday +106, Wednesday -47, Thurs
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Answer:
Paul will have no more than $ 450 in next 8 weeks.
Step-by-step explanation:
From the information given on statement, we know that Paul saves all of his earnings weekly. Then, the money save is equal to the sum of initial amount (), measured in monetary units, and week earning (
), measured in monetary units, multiplied by a number of weeks (
), dimensionless:
(1)
Now we clear the number of weeks within the formula:
If we know that ,
and
, then the number of weeks is:
Paul will have no more than $ 450 in next 8 weeks.