Let's set up the equation based on the information given.
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Julio initially has $210 and saves $35 per month. After \( x \) months, his total amount will be: \[ 210 + 35x \]
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Alice initially has $300 and saves $20 per month. After \( x \) months, her total amount will be: \[ 300 + 20x \]
We want to find out when their amounts will be equal, so we set up the equation: \[ 210 + 35x = 300 + 20x \]
Now we can solve for \( x \). First, let's move all terms involving \( x \) to one side of the equation and constant terms to the other side: \[ 35x - 20x = 300 - 210 \] \[ 15x = 90 \]
Now divide both sides by 15: \[ x = 6 \]
So it will take 6 months for Julio and Alice to have the same amount of money.
To verify:
- After 6 months:
- Julio: \( 210 + 35 \times 6 = 210 + 210 = 420 \)
- Alice: \( 300 + 20 \times 6 = 300 + 120 = 420 \)
Both will indeed have $420 after 6 months, confirming that the solution is correct.