cpsmd.instructure.com/courses/684114/external_tools/retrieve?display =full_width& url=https%3A%2F%2Fmcpsmd.quiz-Iti-iad-prod.instructure.com%2Flti... To Return FA#03: Financial Goals and Analyzing Equations & Graphs Related to Personal Financial Planning Financial Goals Peter is saving for a down payment of $50,000 for a new home. Yesterday, he 1 1 point created an equation that models his current savings plan to determine how long it Which statement is true? will take him reach his goal. In his model, y represents the total amount saved and x represents the number of months since yesterday. O Peter used the division property of equality in step 4. Peter used the substitution property in step 5. Step 1: y 30, 000 -+ 2, 000z Step 2: y - 30, 000 = 30, 000 -+ 2, 000z - 30, 000 Peter used the subtraction property of equality in step 5. OO Step 3: y - 30, 000 = 2, 000z Peter used the associative property in step 6. Step 4: y - 30,000 2,000z 2,00 2,000 Step 5: y - 30,000 2,000 Step 6: 50,000 - 30,000 2,000 Step 7: 10 N