Joe opens a bank account that starts with $20 and deposits $10 each week. Bria has a different accou

Discussion in 'Calculator Requests' started by math_celebrity, Sep 13, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Joe opens a bank account that starts with $20 and deposits $10 each week. Bria has a different account that starts with $1000 but withdraws $15 each week. When will Joe and Bria have the same amount of money?

    Let w be the number of weeks. Deposits mean we add money and withdrawals mean we subtract money.

    Joe's Balance function B(w) where w is the number of weeks:
    20 + 10w

    Bria's Balance function B(w) where w is the number of weeks:
    1000 - 15w

    The problem asks for when both balances will be the same. So we set them equal to each other and solve for w:
    20 + 10w = 1000 - 15w

    To solve for w, we type this equation into our search engine and we get:
    w = 39.2

    We round up to full week and get:
    w = 40
     

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