QUESTION IMAGE
Question
- raphael wants to buy a new car. a. he needs a down payment of $3,000. if he saves $340 each month, about how many months will it take him to save the down payment?
Step1: Set up division formula
Let $n$ be the number of months. We use the formula $n=\frac{\text{Total amount}}{\text{Monthly - savings}}$. Here, the total amount is the down - payment of $\$3000$ and the monthly savings is $\$340$. So $n = \frac{3000}{340}$.
Step2: Calculate the result
$n=\frac{3000}{340}\approx8.82$. Since we need to save at least $\$3000$, we need to round up to the next whole month.
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