179k views
3 votes
Michael has $10 in his savings account. Option 1 will add $100 to his account each week. Option 2 will double the amount in his account at the end of each week. Michael wants to have at least $700 in his account at the end of 7 weeks to buy a mountain bike.

2 Answers

4 votes

Answer:

i am thinking option 1

Explanation:

i may be wrong if i am correct me

User KavinduWije
by
5.1k points
5 votes

Hello there i hope you are having a great day :) Your Question : Michael has $10 in his savings account. Option 1 will add $100 to his account each week. Option 2 will double the amount in his account at the end of each week. Michael wants to have at least $700 in his account at the end of 7 weeks to buy a mountain bike.

Answer : So the first Michael has $10 in hes saving account. Option 1 puts $100 in each week so 7 weeks would equal to 7 weeks x $100 = $700 that would equal the amount for the bike in 7 weeks or Option 2 Will double the amount in hes account each week so $10 x 2 = $20. 1 week $20 2 week $40 3 week $80 4 week $120 5 week $240 6 week $480 7 week $960. So the Option two Is the best one as Option one would equal to $700 and Option two $960 that would equal left over $260.

Hopefully that helps you ❤

User Astex
by
5.1k points