SOLUTION: You have $22 in your bank account and deposit $11.50 each week.At the same time your cousin has $218 but is withdrawing $13 each week. a.When will your accounts have the same bala

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have $22 in your bank account and deposit $11.50 each week.At the same time your cousin has $218 but is withdrawing $13 each week. a.When will your accounts have the same bala      Log On

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Question 122555This question is from textbook prentice hall mathematics algebra 1
: You have $22 in your bank account and deposit $11.50 each week.At the same time your cousin has $218 but is withdrawing $13 each week.
a.When will your accounts have the same balance?
b.How much money will each of you have after 12 weeks? This question is from textbook prentice hall mathematics algebra 1

Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
22+11.5X=218-13X
11.5X+13X=218-22
24.5X=196
X=196/24.5
X=8 WEEKS THEY WILL HAVE THE SAME AMOUNT IN THEIR ACCOUNTS.
22+11.5*12=22+138=$16O FOR MY ACCOUNT.
218-13*12=218-156=$62 FOR THE COUSIN'S ACCOUNT.