Question

you started this year with $141 saved and you continue to save $27 per month. Write an equation to model this situation (use m for months and s for savings)

Answer 1

The money we would have at any time can be modeled as

M = 27k + 141

Why?

you started with $141, so that is the base amount,

every month you add 27 dollars,

in one month you add 27 dollars,

in two months you 27 again making 54 dollars,

so , in x months, you have added 27x dollars to the 141 dollars,

thus our equation is

M = 27k + 141