Final answer:
To afford a $116 bicycle, one would need to save for about 10 weeks with a $7.25 weekly saving after starting with $43.50. However, with a $20 coupon and saving $8.75 a week, the bicycle could be purchased in approximately 6 weeks, about 4 weeks sooner.
Step-by-step explanation:
Part A
To calculate the number of weeks you need to save to buy the bicycle, you can set up the following equation:
43.50 + 7.25w = 116
Where w represents the number of weeks. Subtract 43.50 from both sides of the equation:
7.25w = 116 - 43.50
7.25w = 72.5
Now, divide both sides by 7.25 to solve for w:
w = 72.5 / 7.25
w ≈ 10
You would need to save for approximately 10 weeks to be able to purchase the bicycle.
Part B
With a $20 off coupon, the new price of the bicycle is $116 - 20 = $96. Using the equation:
43.50 + 8.75w = 96
Subtract 43.50 from both sides:
8.75w = 96 - 43.50
8.75w = 52.5
Divide both sides by 8.75:
w = 52.5 / 8.75
w ≈ 6
You would be able to purchase the bicycle approximately 4 weeks sooner, because with the increased savings rate and the $20 discount, the total number of weeks needed is reduced.