Question

Michael spends an average of $120 per month going out to lunch and dinner. If he can cut that

expense down to $50 per month for the next 6 months, will he be able to save the additional $400
he needs to buy the new guitar he really wants? Show your calculations and reasoning.
(Section 1.7) (2 points)

Answer 1

If he spends $120 dollars a month, and he cut's that down to $50 a month, we should create a pattern to visualize the months.

Explanation:

120- 50= 70 ($70 saved each month)

Month 1- $70 saved total

Month 2- $140 saved total

Month 3- $210 saved total

Month 4- $280 saved total

Month 5- $350 saved total

Month 6- $420 saved total

It takes 6 months to get 400 saved. We could also divide to get

5.714285, but it would takes 6 months before reaching the goal. :)