An eighth-grade student estimated that she needs $8,800 for tuition and fees for each year of college. She already has $5,000 in
a savings account. The table above shows the projected future value of the account in five years based on different monthly deposits. The student wants to have enough money saved in five years to pay the tuition and fees for her first two years of college. Based on the table, what is the minimum amount she should deposit in the savings account every month? A) $200 B) $300 C) $100 D) $400
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Given equation : n(17+x)=34x−r.
We need to solve it for x.
Distributing n over (17+x) on left side, we get
17n + nx = 34x - r.
Adding r on both sides, we get
17n+r + nx = 34x - r+r.
17n + r + nx = 34x.
Subtracting nx from both sides, we get
17n + r + nx-nx = 34x-nx
17n + r = 34x -nx.
Factoring out gcf x on right side, we get
17x + r = x(34-n).
Dividing both sides by (34-n), we get