Gabriella deposits $35 in a savings account at the end of each week. At the beginning of the 1st week...
GMAT Algebra : (Alg) Questions
Gabriella deposits \(\$35\) in a savings account at the end of each week. At the beginning of the 1st week of a year there was \(\$600\) in that savings account. How much money, in dollars, will be in the account at the end of the 4th week of that year?
460
635
639
740
1. TRANSLATE the problem information
- Given information:
- Initial amount at beginning of 1st week: \(\$600\)
- Weekly deposit: \(\$35\) at the end of each week
- Need to find: Amount at the end of the 4th week
2. INFER the approach
- Since she deposits at the END of each week, by the end of the 4th week she will have made exactly 4 deposits
- Strategy: Add all deposits to the initial amount
- Formula: Final amount = Initial amount + (Number of weeks × Weekly deposit)
3. Calculate total deposits
Total deposits = 4 weeks × \(\$35\) per week = \(\$140\)
4. Calculate final amount
Final amount = \(\$600 + \$140 = \$740\)
Answer: D. 740
Why Students Usually Falter on This Problem
Most Common Error Path:
Weak TRANSLATE skill: Students misinterpret the timing and think deposits happen at the beginning of weeks, or they miscount the number of deposits (thinking it's 3 instead of 4).
For example, they might think: "If we start at the beginning of week 1, then by the end of week 4, only 3 deposits have been made." This leads to calculating \(\$600 + 3(\$35) = \$705\), but this value isn't among the choices, leading to confusion and guessing.
Second Most Common Error:
Poor TRANSLATE reasoning: Students confuse "deposit" with "withdraw" and subtract instead of add.
This leads them to calculate \(\$600 - 4(\$35) = \$600 - \$140 = \$460\), causing them to select Choice A (460).
The Bottom Line:
This problem tests careful reading and timeline tracking. The key insight is that "end of each week" for 4 weeks means exactly 4 deposits, and deposits always increase the account balance.
460
635
639
740