Question

Assume that you purchase 5 sodas per week (Mon thru Fri) and they cost $1.25 each. How much money can you save over the course of a year if you decide to forgo buying the sodas and save the money instead? (Hint: How many weeks are in a year? It's not 48!)

A) $300
B) $325
C) $350
D) $375

Answer 1

The amount of money that can be saved by forgoing the purchase of 5 sodas per week over the course of a year is $325.

Step-by-step explanation:

To calculate the amount of money that can be saved over the course of a year by forgoing the purchase of 5 sodas per week, we first need to find the total amount spent each week on sodas. Since each soda costs $1.25, the total amount spent on sodas per week is 5 sodas * $1.25/soda = $6.25.

Next, we need to find the number of weeks in a year. There are 52 weeks in a year, not 48.

To calculate the total amount of money saved over the course of a year, multiply the amount spent per week ($6.25) by the number of weeks in a year (52): $6.25/week * 52 weeks = $325.