How many months

[kickingtoad]

Initially, you have lost 20,000 dollars in the stock market and you continue to lose 350 dollars per month. In how many months will it be before your losses total 25720 dollars, thus your balance is - 25720?

I thought I would do this but it's wrong

\(\displaystyle \frac{20000-25720}{350}\)

 

[Deleted member 4993]

Initially, you have lost 20,000 dollars in the stock market and you continue to lose 350 dollars per month. In how many months will it be before your losses total 25720 dollars, thus your balance is - 25720?

I thought I would do this but it's wrong

\(\displaystyle \frac{20000-25720}{350}\)

How do you know it is wrong?

 

[Deleted member 4993]

Initially, you have lost 20,000 dollars in the stock market and you continue to lose 350 dollars per month. In how many months will it be before your losses total 25720 dollars, thus your balance is - 25720?

I thought I would do this but it's wrong

\(\displaystyle \frac{20000-25720}{350}\) <<<< It is wrong

How do you know it is wrong?

 

[kickingtoad]

Ok, it turns out the formula is right but I needed to type to the second decimal. Thx!