SOLUTION: You have $50 in the bank and save $30 every month. How long will it take you to have $960 in the bank.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have $50 in the bank and save $30 every month. How long will it take you to have $960 in the bank.      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1057298: You have $50 in the bank and save $30 every month. How long will it take you to have $960 in the bank.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
You have $50 in the bank and save $30 every month. How long will it take you to have $960 in the bank.
-----
Equation:
A(t) = 50 + 30t, where t is the number of months.
-------
Solve::
960 = 50 + 30t
910 = 30t
t = 30 1/3 months
---------------
Cheers,
Stan H.
--------------