Question

Rodney opens a savings account with $75 and also deposits $40 each month. Morgan opens an account with $50 and also deposits $40 each month. Will they have the same amount in their account at any point? If so, after how many months? Explain.

FAST RESPONSE ALSO EQUATION AND STEPS

Answer 1

Yes, after 3 and a half months, they will both have 215$ in their account.

Explanation:

if x is the number of months

Rodney's equation: y=40x+75

Morgan: y = 50x + 40

Equate them together:

50x+40 = 40x+75

10x=35

x=3.5

:]

Yes, after 3 and a half months, they will both have 215$ in their account.