Jake wants to buy a snowmobile. the cost is $6,000. He has $35000 to put on a down payment. He is saving $400 per month. how many months will it take until Jake has enough money to buy the snowmobile?
+23247 If you have $35,000 to put on a down payment, you have more than enough to pay for the snowmobile.
However, if all that you have is $3500 to put on a down payment, then you will still need to save
$6000 - $3500 = $2500.
At $400 per month, $2500 ÷ $400 = 6.25, it will take another 7 months to have enough money.
+23247 If you have $35,000 to put on a down payment, you have more than enough to pay for the snowmobile.
However, if all that you have is $3500 to put on a down payment, then you will still need to save
$6000 - $3500 = $2500.
At $400 per month, $2500 ÷ $400 = 6.25, it will take another 7 months to have enough money.
