Math

QuestionWhat does the expression 150x4.99x150 x - 4.99 x represent in an account with an initial balance of \$1200?

Studdy Solution

STEP 1

Assumptions1. The initial account balance is 1200.Theexpressionrepresentsthefinalbalanceintheaccount3.Theexpressionincludesamonthlyfeeandautomaticmonthlydeposits4.Thevariable1200. The expression represents the final balance in the account3. The expression includes a monthly fee and automatic monthly deposits4. The variable x$ represents the number of months

STEP 2

The expression 150x4.99x150x -4.99x is a part of the final balance expression. This expression consists of two parts 150x150x and 4.99x-4.99x.

STEP 3

The first part, 150x150x, represents the automatic monthly deposits into the account. The 150150 is the amount deposited each month and xx is the number of months.

STEP 4

The second part, 4.99x-4.99x, represents the monthly fee taken from the account. The 4.994.99 is the fee charged each month and xx is the number of months.

STEP 5

Thus, the expression 150x4.99x150x -4.99x represents the total change in the account balance due to the automatic monthly deposits and the monthly fee over xx months.

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