Question

Hammond has $15 in her purse and is saving $75 per month. How much will she have in her purse after 6 months?

a) $315
b) $435
c) $465
d) $495

Answer 1

Hammond will have $465 in her purse after 6 months by adding her initial amount of $15 to the $450 she saves from $75 monthly savings. The correct answer is option c) $465.

Step-by-step explanation:

To calculate how much Hammond will have in her purse after 6 months, you need to add her initial amount ($15) to the total amount saved over 6 months. Hammond saves $75 per month, so after 6 months, she will have saved:

$75/month × 6 months = $450

Now, add the initial amount to the total savings:

$15 + $450 = $465

Therefore, Hammond will have $465 in her purse after 6 months.

The correct option is c) $465.