A student is saving at least $5,000 for college. She begins with a savings account set up by her parents containing $2,000. Each
month she deposits an additional $50 into the account. Fill in the first blank with the correct expressions that make the statement true. (Attached is the statement and the choices)
This is the first box only!! Pls help!!! Giving 15-20 points!!!
She wants to save at least $5000 for college. The saving account set up by her parents already contains $2000 . This means she has more $3000 to save to meet her minimum target. Each month she saves $50 into the account.
Let
number of month = a
The information can be expressed as follows
5000 ≥ 2000 + 50a
The savings will continue increasing every months because she always deposit $50 every month.
Using the expression
5000 ≥ 2000 + 50a
minus 2000 from both sides
3000 ≥ 50a
divide both sides by 50
3000/50 ≥ a
60 ≥ a
This means she needs at least 60 months to meet her savings/target.
