Question

Larry's small business has has $92,800 in its bank account and makes automatic payments that total $11,600.if he stops making deposits to that account, when would the automatic payments make the value of the account zero ?

Answer 1

Larry's small business has 92,800 in its bank account and makes automatic monthly payments that total $11,600.if he stops making deposits to that account ​, when would the automatic payments make the value of the account zero ​?

Let

x -----> the number of weeks

y------> total amount in the bank account

so

the linear equation that represent this situation is given by

y=92,800-11,600x

Remember that

when the account will be zero is for y=0

so

0=92,800-11,600x

solve for x

11,600x=92,800

x=8 months

tehtefore

the answer is 8 months