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Ivan had saved 
$500 from his summer job. He will need 
$75 per month when he returns to school in the fall, but wants to keep at least 
$50 in reserve. Which of the following inequalities best describes the number of months, 
m, Ivan can use his funds, assuming there are no other additions to or withdrawals from his savings?
Choose 1 answer:
(A) 
500-75 m < 50
(B) 
500+75 m < 50
(C) 
500-75 m >= 50
(D) 
500+75 m >= 50

Ivan had saved $500 \$ 500 from his summer job. He will need $75 \$ 75 per month when he returns to school in the fall, but wants to keep at least $50 \$ 50 in reserve. Which of the following inequalities best describes the number of months, m m , Ivan can use his funds, assuming there are no other additions to or withdrawals from his savings?\newlineChoose 11 answer:\newline(A) 500-75 m<50 \newline(B) 500+75 m<50 \newline(C) 50075m50 500-75 m \geq 50 \newline(D) 500+75m50 500+75 m \geq 50

Full solution

Q. Ivan had saved $500 \$ 500 from his summer job. He will need $75 \$ 75 per month when he returns to school in the fall, but wants to keep at least $50 \$ 50 in reserve. Which of the following inequalities best describes the number of months, m m , Ivan can use his funds, assuming there are no other additions to or withdrawals from his savings?\newlineChoose 11 answer:\newline(A) 50075m<50 500-75 m<50 \newline(B) 500+75m<50 500+75 m<50 \newline(C) 50075m50 500-75 m \geq 50 \newline(D) 500+75m50 500+75 m \geq 50
  1. Determine Initial Amount: Determine the initial amount of money Ivan has and the amount he wants to keep in reserve. Ivan has $500\$500 and wants to keep at least $50\$50 in reserve.
  2. Calculate Remaining Amount: Calculate the amount Ivan can use after keeping the reserve. Ivan can use $500$50=$450\$500 - \$50 = \$450 for his monthly expenses.
  3. Find Monthly Expense: Determine the monthly expense. Ivan needs $75\$75 per month when he returns to school.
  4. Set Up Inequality: Set up the inequality to represent the situation. The amount Ivan can use must be greater than or equal to the total expenses over mm months. The inequality is $450$75m\$450 \geq \$75m, which simplifies to $500$75m$50\$500 - \$75m \geq \$50.
  5. Choose Correct Inequality: Choose the correct inequality from the given options that matches the one we found in Step 44. The correct inequality is (C) 50075m50500 - 75m \geq 50.

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