Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You may use a calculator for this item. The day Daniela starts a new job, she opens a checking account into which she deposits

image text in transcribed

You may use a calculator for this item. The day Daniela starts a new job, she opens a checking account into which she deposits $2,200 and a savings account into which she deposits $800. Each week, Daniela is paid $1,200, which is directly deposited into her checking account. Then, $700 of that money is immediately transferred to her savings account. The system of equations models this situation, where y is an account balance, in dollars, 2 weeks since Daniela started working. y=500x+2,200 y=700x+800 Without any other deposits or withdrawals, after how many weeks will Daniela have the same amount of money in each account? Enter your answer in the box.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary And Intermediate Algebra Concepts And Applications

Authors: Marvin L. Bittinger, David J. Ellenbogen, Barbara L. Johnson

5th Edition

0321559444, 9780321559449

More Books

Students also viewed these Mathematics questions

Question

4. What are the four Ps of marketing?

Answered: 1 week ago

Question

Why do you want to be a clinical psychologist?

Answered: 1 week ago

Question

What are conversion costs? What are prime costs?

Answered: 1 week ago