Question

Malon plans to attend college and he starts having $200 per month to pay for it he will need $18,800 to pay for the first year cost his aunt gave him a special gift of $2000 to use sorta cost how many years will it take me long to save enough for the first year cost

Answer 1

It would take you 7 years.

Step-by-step explanation:

1. 1st year》$200 per month × 12(months/ 1 year)= $2400......$2400 + $2000( gift from aunt)= $4400 ■ In the first yr Malon has made $4400
2. 2nd yr》$200 × 12(months)= $2400 ■ $2400 + $4400(1st yr)= $6800
3. 3rd yr》[The same as year 2] ■ $2400+ $6800 = $9200
4. 4th yr》$2400 + $9200= $11600
5. 5th yr》$2400+$11600=$14000
6. $2400+14000=$16400
7. $16400+$2400= $18800☆☆☆