Franklin deposited $75 in a no-interest bank account when he opened it. After that, he deposits $50 per month in the account. Assume he makes no other withdrawals or deposits. The equation below can be used to find m , the number of months it will take him to save a total of $175. 75 + ?m = 175 What number should he use as the coefficient of m?
Answers
Answered by
2
Answer:
75 + 50 m = 175
2 Months
Step-by-step explanation:
Initial Deposit by Franklin = $ 75
Monthly deposited by Franklin = $ 50
Deposite in m months by Franklin = 50 * m = 50 m $
Total deposted after m months = 75 + 50 m $
Total Deposit = $ 175
=> 75 + 50 m = 175
Subtracting 75 from both sides
=> 50 m = 100
Dividing by 50 both sides
=> m = 2
2 Months
Answered by
1
Answer:
m = 2
Step-by-step explanation:
Our aim is to find m.
In this case we must define our variable 'number of months it will take him to save a total of $175'.
Let m be the number of moths we are looking for. Then we have that:
50m + 75 = 175
From this equation above, we can easily compute 50m = 100, which equivalent to m = 2.
Hence, our m is equal to 2.
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