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Question
in five months, i need $500 for airplane tickets to attend my brother’s graduation. i already have $100. i’d like to save once a month. what should myla do to reach her savings goal? a. divide her savings goal by the time she has to save b. divide the amount of money she already has by the time she has to save c. multiply the time she has to save by the amount of money she already has
Step1: Calculate remaining needed amount
$\$500 - \$100 = \$400$
Step2: Identify required monthly savings
$\frac{\$400}{5} = \$80$
Step3: Match to correct method
This uses the remaining goal divided by time.
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A. Divide her savings goal by the time she has to save