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14 December, 15:55

One family saves 800$ and puts aside 75$ each month. Another family saves 500$ ands puts aside 95$ each month. When will they both have the same amount saved?

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  1. 14 December, 16:35
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    Step-by-step explanation:

    y = 75x + 800

    y = 95x + 500

    x = number of months and y = total money

    when will they have the same amount saved ... when will they be equal ... so set them equal to each other and solve for x

    75x + 800 = 95x + 500

    800 - 500 = 95x - 75x

    300 = 20x

    300/20 = x

    15 = x ... so they will have the same amount in 15 months
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