Deon opened his account starting with $650 and he is going to take out $40 per month. Mai opened up

Discussion in 'Calculator Requests' started by math_celebrity, Oct 25, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Deon opened his account starting with $650 and he is going to take out $40 per month. Mai opened up her account with a starting amount of $850 and is going to take out $65 per month. When would the two accounts have the same amount of money?

    We set up a balance equation B(m) where m is the number of months.

    Set up Deon's Balance equation:
    Withdrawals mean we subtract from our current balance
    B(m) = Starting Balance - Withdrawal Amount * m
    B(m) = 650 - 40m

    Set up Mai's Balance equation:
    Withdrawals mean we subtract from our current balance
    B(m) = Starting Balance - Withdrawal Amount * m
    B(m) = 850 - 65m

    When the two accounts have the same amount of money, we can set both balance equations equal to each other and solve for m:
    650 - 40m = 850 - 65m

    Solve for m in the equation 650 - 40m = 850 - 65m

    Step 1: Group variables:
    We need to group our variables -40m and -65m. To do that, we add 65m to both sides
    -40m + 650 + 65m = -65m + 850 + 65m

    Step 2: Cancel -65m on the right side:
    25m + 650 = 850

    Step 3: Group constants:
    We need to group our constants 650 and 850. To do that, we subtract 650 from both sides
    25m + 650 - 650 = 850 - 650

    Step 4: Cancel 650 on the left side:
    25m = 200

    Step 5: Divide each side of the equation by 25
    25m/25 = 200/25
    m = 8
     

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