Ivan is putting money into a savings account. He starts with $350 in the savings account, and each week he adds $60.Let S represent the total amount of money in the savings account (in dollars), and let W represent the number of weeks Ivan has been adding money. Write an equation relating S to W. Then use this equation to find the total amount of money in the savings account after 13 weeks.
Question
Ivan is putting money into a savings account. He starts with 60.Let S represent the total amount of money in the savings account (in dollars), and let W represent the number of weeks Ivan has been adding money. Write an equation relating S to W. Then use this equation to find the total amount of money in the savings account after 13 weeks.
Solution
The equation that relates S (total amount of money in the savings account) to W (number of weeks Ivan has been adding money) is:
S = 350 + 60W
This equation is derived from the fact that Ivan starts with 60 each week.
To find the total amount of money in the savings account after 13 weeks, we substitute W = 13 into the equation:
S = 350 + 60 * 13 S = 350 + 780 S = $1130
So, after 13 weeks, Ivan will have $1130 in his savings account.
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