Question

To qualify for a loan from a bank, the total in someone's checking and savings accounts together must be $500 or more. Write and label an equation/inequality to match the context.

Answer 1

To qualify for a loan from a bank, the total in someone's checking and savings accounts together must be $500 or more. This requirement can be represented as the inequality C + S >= $500, where C is the amount in the checking account and S is the amount in the savings account.

Step-by-step explanation:

To qualify for a loan from a bank, the total in someone's checking and savings accounts together must be $500 or more.

We can represent this requirement as an inequality:

C + S >= $500

Where C represents the amount in the checking account and S represents the amount in the savings account.

For example, if someone has $300 in their checking account and $200 in their savings account, the total would be:

C + S = $300 + $200 = $500

This meets the requirement, so the person would qualify for a loan.