Question

12 Mrs. Thorpe saved $300 each month for 2 4 years. She spent 40% of the money she saved on a family vacation. How much of the 21 money she saved did Mrs. Thorpe have left after paying for the vacation? can

Answer 1

Since Mrs. Thorpe saved $300 per month, and each year has 12 motnhs, we can find the amount of money she saved in a year like this:

12*$300=$3600

Now we know that se saved $3600 each year, to find the amount saved for the 24 years, we simply do:

$3600*24=$86400

And that is the total amount of money she saved. We are told that she spent 40% of the money on a vacation, we can find this amount of money like this:

`(40)/(100)*86400=34560`

Now, if we want to find the amount of money that left after the vacations, we just have to subtract the money spent from the initial amount of money:

$86400-$34560=$ 51840

Then the money Mrs. Thorpe has after her vacations is $51840