Question

Veronica is saving $100 each month. Verónica wants to

accumulate $1100 in savings. About how many years will
it take Veronica to save that much?
A. A little under 1 1/2 years
B. Exactly 1 1/2 years
C. A little under 1 year
D. Exactly 1 year

Answer 1

C. A little under 1 year

Explanation:

Since Veronica is saving $100 each month.

So,

in the first month she will save = $100

in the second month she will save = $200

in the third month she will save = $300

Following the same pattern, she will accumulate $1100 in 11 month.

11 moths is 1 month less than a year.

So, Veronica will take A little under 1 year to accumulate $1100.

Answer 2

It will take 11 months, so the answer is C