so, Pat needs to save the minimum amount of $170.83 per month
Step-by-step explanation
Step 1
Let
total = 14500
grandparents=3600
so, the total equals what the grandparents gave him plus what he can save
but, he will save the same amount of money every month
4 years= 48 months
let y represents the amount he saves per month ,so
x=48*y
now, replace
Step 2
solve the equation
so, Pat needs to save the minimum amount of 170.83 per month
I hope this helps you