Question

Zach has $24,374 in his bank account. He recently decided to move to NYC to pursue an acting careerand is not making money. He has to pay $4,450 per month for an apartment. How long will Zach be ableto pay for this apartment without making money?After months, Zach will not be able to pay for his apartment without making more money,

Answer 1

We have to divide the total amount of money that he has in his bank account by the payment rate of the apartment:

$m=\frac{25374}{4450}=5.47$

so he only will be able to pay for the apartment 5 months.