QUESTION IMAGE
Question
4.7.6 check your understanding
dennis checks his bank account at the end of the year and realizes that he has $4,000. the following year he will deposit $75 every week.
to start a business, dennis needs $6, 325. how many weeks will it take dennis to have enough money to start his business?
weeks
Step1: Find the amount needed
First, we need to find out how much more money Dennis needs to reach $6,325. He currently has $4,000, so we subtract: $6,325 - $4,000 = $2,325.
Step2: Calculate the number of weeks
He deposits $75 per week, so to find the number of weeks, we divide the amount needed by the weekly deposit: $\frac{2325}{75} = 31$.
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