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There are 12 month in a year.
Starting from January, Carl made deposite of $120 every month for the first N months.
Then for the rest of 12-N month, Cart withdrew $50 every month
Do you know the range of the closing balance of Carl's account last year if in May his ballance was $2600?
Theoretically, only 12 possible choices depending on the value of N.
1) If in April the balance was less than $2625, then in May Carl deposited money. Otherwise, 2600+50 =2650 would be the closing balance in April. 2) If in June the balance was less than 2675, then in June Carl withdrew money. Otherwise, 2600 + 120 = 1720 would be the closing balance in June.
So if you combining 1) and 2), you can know for sure that N = 5, sufficient. |
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