Respuesta :
Answer: 9 months.
Step-by-step explanation: mick has a total of $800 in his account and withdraws $75 every month.
He needs to have $125 dollars in his account at least.
Hence the maximum amount that he can spend is ($800 - $125) = $675
So the maximum amount he can spend is $675.
If he withdraws $75 monthly, then the number of months he will will use in withdrawing $675 is
675/ 75 = 9
So he has 9 months to withdraw his savings ($75 dollars monthly) without allowing his savings account drop below $125.
Answer:
Step-by-step explanation:
Given:
Principal amount in his account, A = $800
Cell phone bill, c = $75
Constraint:
Balance left < $125
Let the total amount of cell phone bill at a given time, x be 75 × x
= 75x
Balance left = 125
Maximum amount that can be spent on monthly cell phone bills = principal amount - balance
= 800 - 125
= $675
Therefore, number of months, x;
675 = 75x
Solving for x,
x = 675/75
= 9 (times) months
maximum number of months that Mick can withdraw the money without allowing his savings account to drop below $125.00 is 9 months.
