Question

Bob has $700 in a savings account at thebeginning of October. If he wants to keep atleast $300 in the account for Christmas gifts andhe withdraws $25 every week for spendingmoney, how many weeks can he withdrawmoney?

Answer 1

Bod has $700 in his savings account.

He wants to keep at least $300

Then $700 - $300= $400

Now, $400 is the total of money that he can withdraw.

Every week he withdraws $25.

Divide $400 by 25 to find the total of weeks:

$400/$25 = 16 weeks

Hence, Bob can withdraw money for 16 weeks.