Jaclyn has $120 saved and earns $40 each month in allowance. Pedro has $180 saved and earns $20 a month in allowance. If they bo
th save their entire allowances, how long will it take before Jaclyn and Pedro have saved the same amount of money?
1 answer:
To start, let’s form an equation to determine their total savings:
(M represents the number of months)
Jaclyn: 120 + 40m
Pedro: 180 + 20m
Now, substituting 1 for m (which signifies 1 month)
Jaclyn: 120 + 40 * 1 = 160
Pedro: 180 + 20 * 1 = 200
I created a table showing how much they'll make over the next 5 months (attached below). Based on that, during month 3, they will achieve the same total amount of $240.
Thus, they will have equal savings after 3 months. I hope this information is helpful!:)
(M represents the number of months)
Jaclyn: 120 + 40m
Pedro: 180 + 20m
Now, substituting 1 for m (which signifies 1 month)
Jaclyn: 120 + 40 * 1 = 160
Pedro: 180 + 20 * 1 = 200
I created a table showing how much they'll make over the next 5 months (attached below). Based on that, during month 3, they will achieve the same total amount of $240.
Thus, they will have equal savings after 3 months. I hope this information is helpful!:)
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