Manuel deposited $150 in his savings account on january 1. on the first day of each following month, he deposited an additional $35 into the account. After how many months will manuel have saved $430

Question

Mathematics

Zachary Bates

25 June, 10:05

Manuel deposited $150 in his savings account on january 1. on the first day of each following month, he deposited an additional $35 into the account. After how many months will manuel have saved $430

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Answers (1)

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Miles · Answer 1

8 months

Step-by-step explanation:

Subtract $150 from $430 to get $280, the amount if money that Manuel has to earn to reach his goal.

If he is adding $35 to his account each month, then all you have to do is divide the amount you need by the amount you are earning each month to get the number of months until you reach your goal.

$280 divided by $35 is 8, so it would take 8 months for Manuel to reach his goal.