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

Answers ( )

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    2022-01-08T08:07:26+00:00

    Answer:

    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. 🙂

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