Question

Alma was given some money as a gift and deposited it into a savings account. She makes a withdrawal of the same amount at the end of each month. At the end of the 5th month, her balance was $442. At the end of the 13th month, her balance was $226. How much money was Alma given as a gift?

Answer 1

Answer:

Here, It is Given that

Input = $ 577 and Output = $ 226

Step to step explaination:

Answer:

Let the amount drawn between the 5th month and the 13 th month be x.

From the 5th to 13 th month are 8 months.

Therefore, the difference will be 442-226 = $

216

This amount is distributed over 8 months so each month Alma withdraws: \frac{$216}{8} = $ 27.00

In the meantime, the 5th month, the money withdrawn will be: 442 + (5×442+(5× 27.00) = $

577.00

The output will be $216. This is the amount remaining after all the withdraws