Question

Since the derivative with respect to x of (00:00) Part, if Mike saves $160 each month, how much will he save in 12 months?

Answer 1

Mike will save a total of $1920 in 12 months if he saves $160 each month.

Step-by-step explanation:

To answer the question, we must understand that if Mike saves $160 each month, then in 12 months, the total amount he will save can be calculated by multiplying the monthly savings by the number of months in a year. Hence, Mike will save:

Monthly Savings × 12 months = Total Savings

$160 × 12 = $1920 in a year.

This is a straightforward arithmetic problem involving multiplication. The student can apply this basic calculation to determine the total amount saved over a period of time given a consistent monthly saving.