Wednesday, March 5, 2014

Setting a Savings Goal to Travel: Answers!

Did you set your savings goal??

Here are the answers to yesterday's questions:

  1. Ms. Hoffman has 1 year to save. How many months is that? 1 year = 12 months. Now find out how much money by dividing $3000 divided by 12. That equals $250!
  2. Find out how many months till July 15th. March 15 to April 15, Apr 15 to May 15, May 15 to June 15, and June 15 to July 15th. That is 4 months. Then find out how much each  month by dividing. $3000 divided by 4 = $750!  
  3. Find out how many weeks there are between May 13 and July 15th. Hint: You might need to look at a calendar.
        
    There are 9 weeks! $3000 divided by 9 = $333.33.
  4. First find how many months till  July 15th. Jan, Feb, Mar, Apr, May, June, and half of July. That is 6.5 months. Then find out how much each month by dividing. $3000 divided by 6.5 is: $461.54!

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