Question

Monique earns $25.00 per weekworking in the store after school.Monique deposits $20.00 per week inher savings account. In the beginningof January, her savings account had$275.00. After 10 weeks, how muchmoney will Monique have in hersavings account?

Answer 1

Given:

`\begin{gathered} Weekly(income)=25dollars \\ Weekly(deposit)=20dollars \\ Initial(savings)=275dollars \end{gathered}`

To Determine: Total savings after 10 weeks

Solution

Step 1: Determine total deposit for 10 weeks

`\begin{gathered} Weekly-savings=20dollars \\ 10weeks-savings=10*20dollars=200dollars \end{gathered}`

Step 2: Determine the total savings after 10 weeks

The total savings would be initial savings plus the 10 weeks deposits

`Total-savings=275+200=475dollars`

Hence, the amount in onique's savings account after 10 weeks is $475.00