Juan and Alex are both saving money for college. Juan saves $150 per month and currently has $2000 in the bank. Alex saves $250 per month and has only $1000 in the bank. Not counting the interest they will earn, how many months will it take until both boys have saved the same amount of money?
• Let m represent the # of months it takes Juan and Alex to save the same amount of money
• Let A represent the amount of money they will have after m months.
a. Write an equation for the amount of money Juan will have after m months.
b. Write an equation for the amount of money Alex will have after m months.
c. Solve the two equations to determine the number on months it will take them to save the same amount of money. Your solution will be (m,A).