Ruth has a savings account at a bank that charges a $3.50 fee for every month her balance falls below $1,500. Her account has $1,722 and then she withdraws $400. What is her balance in 5 months if her account balance never reaches $1,500?

Question

Mathematics

Makenzie Walters

13 September, 17:06

Ruth has a savings account at a bank that charges a $3.50 fee for every month her balance falls below $1,500. Her account has $1,722 and then she withdraws $400. What is her balance in 5 months if her account balance never reaches $1,500?

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Answers (1)

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Brogan Hoffman · Answer 1

1304.5 balance after 5 months

Step-by-step explanation:

first you subtract 400 from 1722 to find the balance she will have which is 1322. then you must multiply 3.5 x 5 = 17.50. now subtract 17.50 from 1322 and you get her balance after 5 months