Question

Example 5) Henry saved his money every month for 60 months (five years!) so that he could buy a

new car! His parents surprised him and gave him $5000 for his 21st birthday! If his parent's gift helped him reach his goal and he can now buy a brand new Toyota Tacoma truck for $26,000, how
much money did he save each month?

Answer 1

Answer: 26000 - 5000

= 21000

21000/60

=350

Step-by-step explanation: so it states there that he is able to buy a truck that costs 26K which mean he has $26000. He’s parents helped him by giving $5K, so that means he save 21K by himself. Then u divide 21K by 60 months bc thats the duration he has been saving for.