Question

You started this year with $338 saved and you continue to save $22 per month. How many months until you have saved $492?

Answer 1

Let,

m = the number of months

From the given scenario, the following equation is generated:

`\text{ y = 33}8\text{ + 22m}`

Where,

y = is the total money you saved

Let's determine how many months until you have saved $492.

`\text{ 492 = 338 + 22m}`
`\text{ 338 + 22m = 492}`
`\text{m = }\frac{\text{492 - 338}}{22}`
`\text{ m = }(154)/(22)`
`\text{ m = 7}`

Therefore, you'll be saving $492 in 7 months.

The answer is 7.