Mrs. Paige gave her daughter, Megan, $700 to open a savings account. Each month, Mrs. Paige gives Megan $25 to deposit into her
savings account. Which equation can be used to find m, the number of months after opening her account when Megan will have $1,000 in her savings account?
25m + 700 = 1,000
25m - 700 = 1,000
700m + 25 = 1,000
700m + 25 = 1,000
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In this question, we are tasked with finding the equation that represents the number of months m which in which megan will have $1000 in her account.
Now for her daughter, there are two kinds of ways she generates money for he account. The $700 see money her mother gave her and the $25 she has per month.
Thus after m months, the total she would have raised from the $25 each would be $25m
Now, we add this to the $700 see money and equate to $1000