SOLUTION: I'm not entirely sure how to set this up. 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.

Question 565775: I'm not entirely sure how to set this up.
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. When will your accounts have the same balance? How much money will you have after twelve weeks?
Do I use the I=rt formula?
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
You have $22 in your bank account and deposit $11.50 each week.
At the same time, your cousin has $218 but is withdrawing $13 each week.
When will your accounts have the same balance? How much money will you have after twelve weeks?
Do I use the I=rt formula?
:
No, just a little logic
:
let w = no. of weeks to have the same balance
11.50w + 22 = 218 - 13w
11.50w + 13w = 218 - 22
24.5w = 196
w =
w = 8 weeks to be equal
:
:
"How much money will you have after twelve weeks?" You can do this t = total$
t = 11.50(12) + 22
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