SOLUTION: albert had $120 in his saving account. he deposited some money at the end of january and decided to deposit the same amount at the end of every month. albert has $300 in his accoun

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: albert had $120 in his saving account. he deposited some money at the end of january and decided to deposit the same amount at the end of every month. albert has $300 in his accoun      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1080406: albert had $120 in his saving account. he deposited some money at the end of january and decided to deposit the same amount at the end of every month. albert has $300 in his account after 3 months. which equation represents huis savings,S, after m months?
A)s=100m
b)s=100m+120
c)s=100m+120
d)s=120m+60

Answer by MathLover1(20850) About Me  (Show Source):
You can put this solution on YOUR website!
there is no given option that is solution, it should be
he already have 120, in three months he has 300
the difference is 180
each month same amount, means 180%2F3=60 is monthly deposit
so,
s=60m%2B+120....only this way you have in m=3 months 300
check:
s=60%2A3%2B+120
s=180%2B+120
s=300