Question

If a bank charges $0.50 for each ATM transaction linked to a checking account, which of these equations can be used to solve for the number of monthly ATM transactions x that is equivalent to a $14.50 monthly service fee?

Answer 1

`0.50*x=14.50` is the equation.

Explanation:

Let the number of monthly ATM transactions be = x

`0.50*x=14.50`

If a bank charges $0.50 for each ATM transaction linked to a checking account, this means 0.50 *x (number of transactions) and this product is equivalent to 14.50 ;

So, equation becomes:

`0.50*x=14.50`