document.write( "Question 265497: Alyson opened a savings account with a deposit of $600. She withdrew $15 each day for the next 5 days, and then deposited her entire paycheck from Barney's Bagels, bringing her balance to $750. Then she remembered that she had promised to donate 25% of her paycheck to charity. How much should she withdraw from savings? \n" ); document.write( "
Algebra.Com's Answer #195238 by Theo(13342)![]() ![]() You can put this solution on YOUR website! She starts off with $600.00 in the bank.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She subtracts 5 * $15.00 = $75.00.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She is left with $525.00 in the bank.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She deposits her paycheck and is left with $750.00 in the bank.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Her paycheck must have been $750.00 minus $525.00 = $225.00\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "That's because $525.00 plus $225.00 = $750.00\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She had promised to donate 25% of her paycheck to charity.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This means she had promised to donate .25 * $225.00 = $56.25 to charity.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She needs to withdraw $56.25 from her bank account.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She is then left with $750.00 minus $56.25 = $693.75 in her bank account.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The answer to the question is that she needs to withdraw $56.25 from savings.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Looking at it another way:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "She had $525.00 in the bank when she got her paycheck.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If she paid the $56.25 right away, then she would only have been able to deposit $225.00 - $56.25 = $168.75 which would have brought her bank total up to $525.00 + $168.75 = $693.75\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Either way she pays the $56.25 and is left with $693.75 in the bank after all is done.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |