Question

Money Mike is putting money in two savings accounts. Let x represent the number of months and y represent the balance. Account A started with $225, and account B started with $350. Money Mike deposits $15 in account A and $10 in account B each month. This system of equations represents the situation.
y=225+15x
y=350+10x
After a certain number of months, the accounts will have the same balance. What is that balance?
A.$400
B.$580
C.$600
D.$1500

Answer 1

Answer:

option C is the correct answer for your question

Step-by-step explanation:

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Answer 2

The answer is C. $600.

To find the number of months when the two accounts have the same balance, we need to solve the system of equations:

225 + 15x = 350 + 10x

5x = 125

x = 25

After 25 months, the two accounts will have the same balance.

To find that balance,

we can substitute x = 25 into either of the equations:

y = 225 + 15x

y = 225 + 15(25)

y = 600

Therefore, the answer is C. $600.

For similar question on account balance.

https://brainly.in/question/20517047

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