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Terry had x dollars in her bank account at the beginning of a certain week. During the week, four transactions were recorded in her account in the following order: a deposit of $50, a withdrawal of $70, a withdrawal of $40, and a deposit of $80. If b represents the amount in Terry's account at some time during the week, which of the following must be true?

A. b < x
B. b = x + 20
C. b ≤ x + 40
D. b ≥ x - 60
E. |x - b| ≤ 20


If you work on the least and max possible value of b, the question becomes pretty simple.

let us write the events in order....
x......x+50......x+50-70.......x+50-70-40......x+50-70-40+80
x......x+50.........x-20...............x-60...................x+20

The max value is x+50, and the least value is x-60. \(x-60\leq b\leq x+50\)... D gives the condition b ≥ x - 60.

OR we could check the option with the values we have

x......x+50.........x-20...............x-60...................x+20
If b is in the red portion, the option is not true.
A. b < x..............Need not be true........x......x+50.........x-20...............x-60...................x+20
B. b = x + 20.......Need not be true.......x......x+50.........x-20...............x-60...................x+20
C. b ≤ x + 40.......Need not be true.......x......x+50.........x-20...............x-60...................x+20
D. b ≥ x - 60 .......Always true.......x......x+50.........x-20...............x-60...................x+20
E. |x - b| ≤ 20.......x-20 ≤ b ≤ x+20 Need not be true.......x......x+50.........x-20...............x-60...................x+20


D
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KarishmaB gmatophobia Can you please explain this question ?
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Churej
Terry had x dollars in her bank account at the beginning of a certain week. During the week, four transactions were recorded in her account in the following order: a deposit of $50, a withdrawal of $70, a withdrawal of $40, and a deposit of $80. If b represents the amount in Terry's account at some time during the week, which of the following must be true?

A. b < x
B. b = x + 20
C. b ≤ x + 40
D. b ≥ x - 60
E. |x - b| ≤ 20

Attachment:
TERRY.png
­Initial amount: x
After first transaction: x + 50
After second transaction: x - 20
After third transaction: x - 60
After fourth transaction: x + 20

The amount b at any given time could be less than or greater than or equal to x (before the first transaction)

A. b < x
Could be but not necessary

B. b = x + 20
Could be but not necessary. b could be x+ 50 or x - 20 etc.

C. b ≤ x + 40
Not necessary. b could be x+ 50

D. b ≥ x - 60
Correct. In all cases, the amount is > or = to (x - 60)

E. |x - b| ≤ 20
The difference between x and b could be 50 or 60 too. Hence not necessary that it has to be less than equal to 20. 

Answer (D)­

Check out Inequalities and Absolute Values here: 
Inequalities: https://youtu.be/VnEVS8kmWa8
Absolute Values: https://youtu.be/oqVfKQBcnrs
 
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The fastest way is to track the cumulative change in the account balance, rather than testing each answer choice.

Start with x. After the $50 deposit, the balance is x + 50. After the $70 withdrawal, it becomes x - 20. After the $40 withdrawal, it becomes x - 60. After the $80 deposit, it becomes x + 20.

Therefore, the possible balances during the week are x, x + 50, x - 20, x - 60, and x + 20. The lowest possible balance is x - 60.

Since b represents the balance at some time during the week, b can never be less than x - 60. Therefore, b >= x - 60.

The answer is D.

---

Exam shortcut: When you see a question about a balance after a sequence of transactions, calculate the cumulative change after each transaction and find the maximum decrease or increase from the starting value. Here, the largest decrease is 60 dollars, so immediately we know b >= x - 60. You do not need to test all five answer choices.
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