Question

Cindy deposited $350 into a savings account. As long as the account balance remains at or above $200, she does not have to pay a service fee for the account. For how long can she withdraw $30 a month without having to pay service fees?

Answer 1

(a) 5 months
the answer is 5 months

Answer 2

Answer: Cindy can withdraw $30 for 5 months without paying service fees.

Step-by-step explanation: Given that Cindy deposited $350 into a savings account. As long as the account balance remains at or above $200, she does not have to pay a service fee for the account.

We are to find the time for which she can withdraw $30 a month without paying service fees.

Let x represents the required number of months.

According to the given information, we have

`x*30\leq 350-200\\\\\Rightarrow 30x\leq 150\\\\\Rightarrow x\leq(150)/(30)\\\\\Rightarrow x\leq5.`

Therefore, Cindy can withdraw $30 for 5 months without paying service fees.