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Shawn open a new bank account with $250 he receive for his birthday. Each month after that Shawn will add $25 to his account. How much money will Shawn have at five months? How long will it take for Shawn to save $1000?

User Svn
by
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1 Answer

4 votes

Answer:

In 5 months shawn will have $375

and will take 30 months to save 1000

Explanation:

Shawn will start with 250 and each month (X) he will add 25$

250+25*X= bank account

so in 5 month shawn will have

250+25*5=$375

and how long will it take for Shawn to save $1000?

250+25*X=1000

X=30

it will take 30 month to save 1000$

User Andrew Kolesnikov
by
4.7k points