document.write( "Question 407882: I need the easiest way to answer this type of question. If a bank account balance is 2102.04 and the bank charges a cash advance fee of 3.5 percent, what amount should the customer request in order to bring the account to a zero balance? \n" ); document.write( "
Algebra.Com's Answer #287440 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! If a bank account balance is 2102.04 and the bank charges a cash advance fee of 3.5 percent, \n" ); document.write( " what amount should the customer request in order to bring the account to a zero balance? \n" ); document.write( ": \n" ); document.write( "Let a = amt requested to bring balance to 0 \n" ); document.write( ": \n" ); document.write( "2102.04 - (a + .035a) = 0 \n" ); document.write( ": \n" ); document.write( "2102.04 - (1.035a) = 0 \n" ); document.write( ": \n" ); document.write( "Simplify this to an equation of \n" ); document.write( "1.035a = 2102.04 \n" ); document.write( "a = \n" ); document.write( "a = $2,030.96 \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "See if that is true: \n" ); document.write( "2030.96 + .035(2030.96) = \n" ); document.write( "2030.96 + 71.08 = 2102.04 \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "I would request one cent less because those banks may not round it to .96 \n" ); document.write( "and then these crooks will say you have 1 cent overdraft and charge you an \n" ); document.write( "overdraft fee. \n" ); document.write( " |