Question

Ross is saving up to buy a new car. he has been saving for 12 months and so far he has $3,200.in another 12 months, he expects to have $8,000.how much is ross saving each month during his 2nd year saving?

Answer 1

$400

Explanation:

For the first 12 months, he saved

3200/12

= $266.7 each month

In another 12 months,

= $3,200 + x = $8000

(Use x as the unknown total money)

= 8000 - 3200

= 4,800

So, in another 12 months, his total savings will be $4,800

For each month,

= 4,800/12

= $400