Edgar opened a deposit account. In the first month, he made an initial deposit of $3200, and plans to contribute an additional $ 175 every month. The account does not pay any interest. After how many months will he have a total of $6000?
2 answers:
Answer:
16 months
Step-by-step explanation:
let m = number of months
6000 = 3200 + 175m
2800 = 175m
m = 2800/175
m = 16
Answer:
16 months
Step-by-step explanation:
First I will subtract how much he has already paid.
6000 - 3200 = 2800.
Now to find how many months it will take to get a total of 2800 dollars we must divide.
= 16
this means that an additional 16 months will be needed to reach the total of 6000 dollars.
Hope this helps! :)
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