Question

Alessandro currently has $2,400 in his savings account. He saves $250 per month. Bea currently has $1,750 in her account. She saves $350 per month. How much more money than Alassandro will Bea have after 12 months?

Answer 1

Bea will have $540 more than Alassandro after 12 months

Answer 2

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Alessandro
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Current saving = $2400
1 month = $250
12 months = 250 x 12
12 months = $3000
Total amount after 12 months = $2400 + $3000 = $5400

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Bea
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Current Saving = $1750
1 month = $350
12 months - 350 x 12
12 months = $4200
Total amount after 12 months = $1740 + $4200 = $5950

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Difference
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$5950 - $5400 = $550

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Answer: $550
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