Math Problem Statement
Solution
The problem asks for an inequality to represent how many $20 bills you can withdraw from a checking account without going below the minimum balance of $50. You currently have $280 in the account.
Let's define the number of $20 bills you can withdraw as . Each $20 bill reduces the account balance by $20, so the amount you withdraw is .
Inequality Setup:
You want to make sure that after withdrawing money, your balance is at least $50. The inequality for this is:
Now, let's solve this inequality:
Solving the Inequality:
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Subtract 50 from both sides:
Subtract 50 from both sides:
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Divide both sides by 20:
Since must be an integer (you can't withdraw half a $20 bill), the maximum number of $20 bills you can withdraw is 11.
Final Answer:
You can withdraw up to 11 $20 bills without going below the minimum balance of $50.
Would you like further details, or do you have any questions?
Here are 5 related questions for practice:
- What would happen if the balance was $300 instead of $280?
- How would the inequality change if you could withdraw $50 bills instead?
- What if the minimum balance requirement was $100 instead of $50?
- How would you adjust the inequality if you had $10 bills instead of $20 bills?
- How does increasing the minimum balance affect the number of $20 bills you can withdraw?
Tip: Always check whether your answer makes sense in the context of the problem. In this case, since you can't withdraw a fraction of a $20 bill, it's important to round down to the nearest whole number.
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Math Problem Analysis
Mathematical Concepts
Algebra
Inequalities
Formulas
Inequality setup: 280 - 20x >= 50
Basic steps of solving inequalities
Theorems
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Suitable Grade Level
Grades 6-8
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