document.write( "Question 1134991: Suppose you were given $700 from your uncle. You deposited that money in a bank and added $75 per month.\r
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document.write( "Write an equation to model how much money you have deposited after \"m\" months. Let \"s\" be the amount you have deposited._______\r
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document.write( "What equation would you solve to figure out how many months it would take to save $10,000?_____________\r
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document.write( "How many months would it take to save $10,000?_________
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Algebra.Com's Answer #752529 by math_helper(2461)![]() ![]() You can put this solution on YOUR website! You start with 700, so at m=0, s=700 (or s(0) = 700 in functional notation). \r \n" ); document.write( "\n" ); document.write( "After 1 month, you will have added $75, so s(1) = 700+75 = 775 \n" ); document.write( "After 2 months, you will have added 2*$75 so s(2) = 700+2*75 = 850 \n" ); document.write( "...\r \n" ); document.write( "\n" ); document.write( "After m months, you will have added m*$75 so s(m) = 700+m*75 or, writing 75m instead of 75*m: \r \n" ); document.write( "\n" ); document.write( "(This whole discussion assumes no interest is accumulating) \r \n" ); document.write( "\n" ); document.write( "To figure out how many months it would take to save $10000, set s(m) to 10000 and solve for m: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "m = (10000 - 700)/75 = __________ you can do the arithmetic\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |