SOLUTION: john has 4800 saved. He plans to save 500 every month so that he can have enough money for a down payment on a house. He needs to save a total of 12,000 for the down payment. How m

Question 290325: john has 4800 saved. He plans to save 500 every month so that he can have enough money for a down payment on a house. He needs to save a total of 12,000 for the down payment. How many months will he need to save to have the down payment?

Answer by Deina(147) (Show Source): You can put this solution on YOUR website!
John has $4,800
He needs $12,000
He is saving $500 per month.

let's let "m" represent the number of months he must save.

Subtract 4800 from each side

next, divide each side by 500

months, so after 15 months he will have $12,000 + $300 extra
and bob's your uncle!
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