Answer :
Final answer:
Raquan will need to save for 20 weeks at a rate of $25 per week to add $500 to his initial deposit of $65 to reach a total balance of $565. The correct answer is option a. 500/25.
Explanation:
To find out how many weeks it will take for Raquan to reach his goal of a $565 account balance, considering he has already deposited $65 and plans to save $25 per week, we need to follow a few simple steps.
First, we need to calculate how much more money Raquan needs in order to reach his goal:
- Desired account balance: $565
- Initial deposit: $65
Remaining amount needed: $565 - $65 = $500
Next, we divide the remaining amount by the weekly savings to determine how many weeks it will take:
$500 remaining ÷ $25 saved per week = 20 weeks
So, Raquan will reach his goal in 20 weeks, which corresponds to option a. 500/25.
