Question

Carmen needs $1100 to purchase a computer.She has saved 1/3 of the money so far this year. She will save 3/4 of the remaining amount by the end of the year. About how much money will she have saved at the end of the year?

Answer 1

$916.67

Explanation:

The remaining amount is 2/3 of the total. 3/4 of that is ...

(2/3)(3/4) = 2/4 = 1/2

of the total amount. Altogether, Carmen will have saved ...

1/3 + 1/2 = (2/6) +(3/6) = 5/6

of the total amount by the end of the year. She will have saved ...

$1100 × 5/6 ≈ $916.67 . . . . year-end total savings