Brenda invests $4,848 in a savings account with a fix annual interest rate of 5% compounded 2 times per year.what will the accou
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Answer:
Cristiano will have enough money to buy bike in 9 weeks.
Step-by-step explanation:
Given:
Cost of the bike = $189
Money saved = $99
Money saving each week = $10
We need to find the number of weeks will he have money to buy bike.
Solution:
Let the number of weeks be 'x'.
Now we can say that;
Money saved plus money saving each week multiplied by number of weeks is equal to cost of the bike.
framing in equation form we get;
Subtracting both side by 99 using subtraction property of equality we get;
Dividing both side by 10 using division property of equality we get;
Hence Cristiano will have enough money to buy bike in 9 weeks.