Question

Tiffany starts with 16,000 in her savings account and deposits an additional $25 every week the michelle syarts with 9,000 in her savings account and deposit an additional $75 every week there will be a week in the future when Tiffany and Michelle have the same amount of money in their savings account how much money will be in each savings account when Tiffany Michelle have the same amount of money?

Answer 1

It would take 2 1/2 years or 140 weeks for them both to have 19500 in their account. There are 52 weeks in a year and you would calculate based on that.

After 140 weeks, 140 x 25 week = 3500 +16000= $19500 Tiffany
After 140 weeks, 140 x 75 week=10500+9000=$19500 Michelle