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Mathematics, 09.02.2021 04:30 lizisapenguin

You open a savings account with a beginning balance of $600. You plan on depositing $50 every month until you have enough money to purchase a car which costs $2500. However, your parents remind you that it's probably not a good idea to empty your entire savings account so they recommend leaving a balance of $500 in your account. How many months will it take you to have enough money saved to purchase the car AND still have a $500 balance? Set up an equation and solve.

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