Question

Simon took out a zero-interest loan for $3,300 to buy a boat. He must pay $300 per month to pay off the total balance of the boat's purchase price. Simon also has $1,000 in his savings account. He plans to deposit $600 every month in this account. So, Simon would like a system of equations that tells him at what point he will be able to pay off the total balance for the boat with the help of his savings. Write the second equation in the system. Enter the correct answer in the box. Substitute numerical values into the expression for all known variables.

Answer 1

To write the second equation, we consider the savings account. After t months, the amount in Simon's savings account can be calculated as $1,000 + $600t.

Step-by-step explanation:

To write the second equation in the system, we need to consider the savings account. Simon plans to deposit $600 every month into his savings account. Let's represent the number of months as 't'. So, after t months, the amount in his savings account can be calculated as:

Savings Account = $1,000 + $600t

Answer 2

y equals 300x plus 3300

Step-by-step explanation: