Question

4 multiple choice 1 point lucas has $300 in his savings account and starts saving $75 per month. he wants to meet his savings goal of $3000. how long will it take him to reach his goal? 4 months 10 months 36 months 40 months

Explanation:

Step1: Define variables and equation

Let $m$ = number of months. Total savings: $300 + 75m = 3000$

Step2: Isolate the term with $m$

Subtract 300 from both sides:
$75m = 3000 - 300$
$75m = 2700$

Step3: Solve for $m$

Divide both sides by 75:
$m = \frac{2700}{75}$

Answer:

36 months