Math Problem Statement
Solution
The image shows a math problem related to a savings account scenario where a student is saving money weekly. The problem has several parts:
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Initial Information:
- The student has $475 in a savings account.
- She deposits $125 into the account every week.
- Her goal is to save $7,000 for college.
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Questions:
- (a) How much will be in the account after 3 weeks?
- (b) How long will it take before she has $1,350?
- (c) Write an equation representing the relationship between the dollar amount in her account and the number of weeks of saving.
- (d) Graph the equation and mark the points from part A and B on your graph.
Solutions:
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(a) Amount after 3 weeks:
- The amount deposited each week: $125
- Total amount after 3 weeks: However, the handwritten answer states $975, suggesting an initial error. Correcting this:
-
(b) Time to reach $1,350:
- Let the number of weeks be .
- The equation:
- Solving for : The handwritten answer suggests it takes 6 weeks, which is incorrect based on the math. The correct time is 7 weeks.
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(c) Equation:
- Let be the number of weeks, and be the amount in the account after weeks:
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(d) Graphing:
- On a graph, the x-axis represents the number of weeks , and the y-axis represents the amount .
- Plot the points (3, 850) from part (a) and (7, 1350) from part (b).
- The graph would be a straight line with a slope of 125, starting from $475.
Would you like more details or have any questions?
Related Questions:
- What would be the amount after 10 weeks?
- How many weeks would it take to reach exactly $5,000?
- If the student started with $0, how many weeks would it take to reach $7,000?
- How would the equation change if the weekly deposit was increased to $150?
- What is the significance of the slope in the context of this problem?
Tip:
Always recheck your calculations, especially when dealing with word problems, to ensure there are no simple arithmetic mistakes.
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Math Problem Analysis
Mathematical Concepts
Linear Equations
Arithmetic Progression
Formulas
Amount in account after w weeks = Initial deposit + (Weekly deposit × w)
A(w) = 475 + 125w
Theorems
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Suitable Grade Level
Grades 7-9
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