This is for my baby cousin:
In 7 days, Lin's will be paid $75 and will deposit it into her checking account. If there are no other transactions besides this deposit and the daily fee, will Lin continue to be charged $7.95 each day after thus deposit is made? What will her balance be at that time?

Question

This is for my baby cousin: 
In 7 days, Lin's will be paid $75 and will deposit it into her checking account. If there are no other transactions besides this deposit and the daily fee, will Lin continue to be charged $7.95 each day after thus deposit is made? What will her balance be at that time?

minustempo · Answer

To make a linear equation, we want the y-intercept (starting deposit) and the slope (daily fee).

minustempo · Answer

final balance = initial deposit - daily fee * number of days

axie · Answer

75-(7.95)*7= Final Balance

axie · Answer

@axie wrote:

75-(7.95)*7= Final Balance

EDITED 75-(7.95*7)= Final Balance

mrfunnybunny · Answer

my cousin: thx