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I need help , pls answer right ​
for question b 10 acres for $175

I need help , pls answer right ​ for question b 10 acres for $175-example-1

1 Answer

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Given :

We have $100 in our saving account and plan to deposit $12.50 each month.

Cost of 10 acres of land in mars is $175.

To Find :

How many months will it take you to save enough money to buy 10 acres of land on Mars.

Solution :

Let, after n months amount in account is :


A = 100 + 12.50n

This A should be greater than equal to $175.

A ≥ 175

100 + 12.50n ≥ 175

n ≥ 75/12.50

n ≥ 6

Therefore, it will takes 6 months to collect such amount.

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