Carlos has $50 in his savings account. He deposits $100 on his birthday, and then another $25 every month. Which equation can be used to find the number of months it would take him to reach a balance of $500? Let m = number of months.
Accepted Solution
A:
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Before one month, you will know that Carlos has a minimum of $150, because he deposited $100 to his already $50 account. The following equation is true: [FILL] $500 = 25m + $150