Question

Adele opens an account with $100 and deposits $45 a month. Kent opens an account with $70 and also deposits $45 a month. Will they have the same amount in their accounts at any point? If so, in how many months and how much will be in each account? Explain.

Answer 1

Adele and Kent will not have the same amount in their account at the same time. because they both are going at the same rate depositing 45$a month Adele is ahead by 30$ because she deposited 100 instead of 70 in the beginning. They will be at the same point if Kent deposits more or Adele deposit less.