document.write( "Question 1142622: Priya earned ₹15,000 in the first month. Thereafter her salary increased by ₹1500 per
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document.write( "year. Her expenses are ₹13,000 during the first year and the expenses increases by
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document.write( "₹900 per year. How long will it take for her to save ₹20,000 per month. \n" );
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Algebra.Com's Answer #763351 by Theo(13342)![]() ![]() You can put this solution on YOUR website! my interpretation of this problem is as follows:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "she is making 15000 per month in the first yer. \n" ); document.write( "in the second year, and every year after that, she is making an additional 1500 per month.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "her expenses in the first year are 13000 per month. \n" ); document.write( "in the second year, and every year after that, her expenses per month are an additional 900 per month.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i translated this to yearly salary and yearly expenses.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "15000 per month * 12 = 180,000 per year. \n" ); document.write( "1500 per month * 12 = 18,000 per year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "13000 per month * 12 = 156,000 per year. \n" ); document.write( "900 per monmth * 12 = 10,800 per year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equation for her salary growth is S = 180,000 + 18,000 * x. \n" ); document.write( "the equation for her expenses is E = 156,000 + 10,800 * x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "x is the number of years.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equations for her savings for each year is V = S - E. \n" ); document.write( "this becomes V = 180,000 + 18,000 * x - 156,000 - 10,800 * x. \n" ); document.write( "combine like terms to get V = 24,000 + 7,200 * x\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if her savings are going to be 20,000 per month, then her savings per year will be 20,000 * 12 = 240,000 per year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "you want to know how many years before her savings per month = 20,000. \n" ); document.write( "this should be equivalent to asking how many years before her savings per month = 240,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "replace V with 240,000 and the equation of V = V = 24,000 + 7,200 * x becomes 240,000 = 24,000 + 7,200 * x.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "solve for x to get x = (240,000 - 24,000) / 7,200 = 30.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if correct, it would take 30 years for her savings per month to be equal to 20,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i used excel to confirm that this is true.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "here's two displays from the excel analysis.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the first shows the first two years.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the second shoes the last two years.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " ![]() \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the monthly savings becomes 20,000 in the thirty first year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the thirty first year is thirty years after the first year.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this is based on my interpretation of your problem.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if my interpretation is in error, then please be more specific about what your interpretation of the problem is.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |