SOLUTION: This month, Malcolm has $100 saved, and his goal is to have a total of $310 saved 12 months from now. After adding to his savings next month, each month he will add $1 more than wh

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: This month, Malcolm has $100 saved, and his goal is to have a total of $310 saved 12 months from now. After adding to his savings next month, each month he will add $1 more than wh      Log On

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Question 1011917: This month, Malcolm has $100 saved, and his goal is to have a total of $310 saved 12 months from now. After adding to his savings next month, each month he will add $1 more than what he added the previous month. For the next 12 months, Malcolm will not remove any money from what he has already saved. What is the minimum amount of money Malcolm must add to his savings next month so that he reaches his goal?
I've tried many times but have not come up with anything, if you could help that would be great.

Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Share your work from just one of the many things you have tried, and then I will help you.

John

My calculator said it, I believe it, that settles it