Question

Suppose you were given $800 from your uncle. You deposited that money in a bank and added $50 per month.

Write an equation to model how much money you have deposited after
months. Let
be the amount you have deposited.


What 1-variable equation would you solve to figure out how many months it would take to save $10,000 dollars?


How many months would it take to save $10,000?
months

Answer 1

a. y = 50x + 800

b. 184 months

Explanation:

Given x is the number of months

y is the total of $ after x months

y = 50x + 800

if y = 10,000

10000 = 50x + 800

50x = 10000 - 800

50x = 9200

x = 9200/50

x = 184