Question

Suppose you saved $300 dollars from a summer job. If school starts September 1, can you afford a cell phone data plan of $29.95 per month for the next year(until next September 1)?

Answer 1

No

Explanation:

Given that:

Amount saved = $300

Monthly data cost = $29.95

Number of monthly data that can be done from saving :

= amount saved / monthly data cost

= $300 / $29.95

= 10.016694

Hence, saving can only last for 10 months of data subscription.

Hence it can't last till September 1, if the following year, which is about 12 months