A bank employee notices an abandoned checking account with a balance of $412. if the bank charges a $4 monthly fee for the account, the function b=412-4m. When will the bank account balance be 0?

Question

Darian Lozano

Mathematics

18 October, 04:30

A bank employee notices an abandoned checking account with a balance of $412. if the bank charges a $4 monthly fee for the account, the function b=412-4m. When will the bank account balance be 0?

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Simone · Answer 1

Here's what I'd do. If the account loses $4 per month, and it currently has $412, then do 412/4, which is 103 months. So in 103 months, or about 8 1/2 years, the bank account will be out of money.