Question

Priya starts with $50 in her bank account. She then deposits $100 each month from her Costco paycheck.

Part 1: Write an equation that represents the relationship between the dollar amount in her bank account and the number of months of saving.

Part 2: Explain each of the variables in your equation.

Answer 1

100m + 50
“m” is the amount of months, 100 is the monthly deposit, and 50 is the amount she had already had in her account.