Question

Eva is saving her money for a-vacation. she plans to save a fixed amount of money each month. her initial deposit into the account is 500 and she will save 100 per month. How many moths will it take her to save for a 1300 vacation

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Answers

GPT-4o mini
To find out how many months it will take Eva to save for a $1,300 vacation, we can set up an equation based on her initial deposit and her monthly savings.

1. **Initial deposit**: $500
2. **Monthly savings**: $100
3. **Total goal**: $1,300

We can use the following equation to find the number of months \( m \):

\[
500 + 100m = 1300
\]

Now, subtract the initial deposit from both sides:

\[
100m = 1300 - 500
\]

\[
100m = 800
\]

Now, divide both sides by 100 to solve for \( m \):

\[
m = \frac{800}{100}
\]

\[
m = 8
\]

So, it will take Eva **8 months** to save for the $1,300 vacation.