## Michael spends an average of \$120 per month going out to lunch and dinner. If he can cut that expense down to \$50 per month for the ne

Question

Michael spends an average of \$120 per month going out to lunch and dinner. If he can cut that
expense down to \$50 per month for the next 6 months, will he be able to save the additional \$400
he needs to buy the new guitar he really wants? Show your calculations and reasoning.
(Section 1.7) (2 points)

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3 weeks 2022-01-08T08:05:48+00:00 1 Answer 0 views 0

If he spends \$120 dollars a month, and he cut’s that down to \$50 a month, we should create a pattern to visualize the months.

Step-by-step explanation:

120- 50= 70 (\$70 saved each month)

Month 1- \$70 saved total

Month 2- \$140 saved total

Month 3- \$210 saved total

Month 4- \$280 saved total

Month 5- \$350 saved total

Month 6- \$420 saved total

It takes 6 months to get 400 saved. We could also divide to get

5.714285, but it would takes 6 months before reaching the goal. ðŸ™‚