Question

Jim currently has $1,250 in his bank account and Sally has $1,400 in her bank account. Jim deposits $27.50 per week and Sally deposits $20 per week into her bank account. After how many weeks will they have the same amount of money

Answer 1

Answer:In 20 weeks they will have the same amount of money.

Explanation:

Answer 2

20

Explanation:

We are given that

Jim has currently balance=$1250

Sally has currently balance=$1400

Jim deposits money per week=$27.50

Sally deposits per week=$20

We have to find how many weeks they will have the same amount of money.

Let w be the week .After w week they have same amount

According to question

`1250+27.50 w=1400+20w`

`27.50 w-20 w=1400-1250`

`7.5 w=150`

`w=(150)/(7.5)=20`

After 20 weeks , they will have the same amount of money.