Question

Julia is saving money for the down payment on a car. She plans to save for one year. Her parents have offered to contribute $50 a month to her savings. How much does Julia need to save each month in addition to her parents' contribution if she wants to have a $2700 down payment on a car at the end of the year? Define a variable and write an equation to represent this situation.

Answer 1

Answer:

$12x+600=2700$

$175

Step-by-step explanation:

Let x represent money saved by her in one month.

So money saved by her in one year (12 months) would be $12x$.

We can represent our given information as:

$12x+600=2700\\12x=2700-600\\12x=2100\\x=\frac{2100}{12}\\x=175$

Therefore, she needs to save $175 per month.