Question

Julio has decided to take up golf. Initially, he can rent golf clubs for $56.00 a month, or he can buy a used set from the hobby store for $350. How much would he save this year by buying the used set?

Answer 1

$322

Explanation:

We have been given that Julio can rent golf clubs for $56.00 a month, or he can buy a used set from the hobby store for $350.

Let us find amount paid by Julio in rent during one year by multiplying $56 by 12 (1 year is equal to 12 months).

`\text{Amount paid by Julio in rent}=\$56* 12`

`\text{Amount paid by Julio in rent}=\$672`

Now, we will subtract price of used set from total rent as:

`\text{Amount saved by buying the used set}=\$672-\$350`

`\text{Amount saved by buying the used set}=\$322`

Therefore, Julio would have saved $322 this year by buying the used set.