Question

Keith plans to buy a car two years from now. He currently has 3,000 saved up to buy the car. From all the cars that Keith is considering buying how much money does he need to save per month over the two years if the least expensive car he wants to buy is 15,000

Answer 1

He would need to save 500 dollars a month because 500x two years (24 months) equals to 12,000.

12,000 plus 3000 equals to 15,000

Answer 2

Answer: ar least $500 per month.

Step by step explanation:

Take the total he needs ($15,000). Subtract what he already has saved ($3,000) to find out how much he still needs to save. So, he needs to save an additional $12,000. He has 2 years (24 months) to save that amount. So divide how much he needs to save by how long (12,0000/24). Total is $500 per month