contestada

if you save $15 a week for the next two years instead of buying music, how much money would you accumulate ignoring interest?

Respuesta :

You could either

1. multiply $15x104 (number of weeks in 2 years) $15x104= $1560 or

2. you can figure out how much you would save in a month ($15x4weeks=$60) and then multiply it by 24 (number of months in 2 years)
($15x4)x24= $1440

I think the first one is your best bet because sometimes there are 5 weeks instead of 4 weeks in a month and we only did the math as if there were only 4 weeks in every month.

The amount accumulated is $1560

Amount saved every week = $15

Number of weeks in a year = 52 weeks

Number of weeks in 2 years = 2 × 52 weeks = 104 weeks.

Therefore, the amount saved for the 2 years if $15 is saved every week will be:

= $15 × 104

= $1560

In conclusion, the amount saved will be $1560

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