Question

Terry opened a savings account in December with $150 and deposited $30 each month beginning in January

What is the value of Terry’s account at the end of July?

• Understand:

•Plan:

•Solve:




•Check:

Answer 1

$360

Explanation:He started with $150 and he kept adding 30 every month (value of x would be number of months). The months between January and July are 7 so that's your value for x. The equation set up would be 150+30x= ?. The question is asking to solve for x. We know the value of x is 7 so your next equation would look like this: 150+30(7)= ?. Then you enter the equation into the calculator and you should get 360.