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Question
you decide its time to start saving some money and open up a savings account at wells fargo. when you first opened the account you decided to deposit $150. with your new job you figure you can afford to save $85 per week. how many weeks will it take to have a balance of $1,170 in your savings account? use the sketch space to create an equation and solve!
Step1: Define variables and equation
Let \( x \) be the number of weeks. The initial deposit is $150, and the weekly deposit is $85. So the equation is \( 85x + 150 = 1170 \).
Step2: Subtract 150 from both sides
\( 85x + 150 - 150 = 1170 - 150 \)
\( 85x = 1020 \)
Step3: Divide both sides by 85
\( x = \frac{1020}{85} \)
\( x = 12 \)
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