Question

1. 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?

Explanation:

Step1: Set up division formula

Let $n$ be the number of months. We use the formula $n=\frac{\text{Total amount}}{\text{Monthly - saving amount}}$. Here, the total amount is the down - payment of $\$3000$ and the monthly - saving amount is $\$340$. So, $n = \frac{3000}{340}$.

Step2: Calculate the value

$n=\frac{3000}{340}=\frac{300}{34}=\frac{150}{17}\approx8.82$. Since we are talking about the number of months and we need to have enough money for the down - payment, we need to round up to the next whole number.

Answer:

9