Question

Johnny earns $2334.50 from his job each month. he pays $1437 for monthly expenses Johnny is planning a vacation in 3-month times that he estimates will cost $1750 total. how much will Johnny have leftovers from 3 months of saving once he pays for his vacation?
1) $948.50
2) $584.50
3) $852.50
4) $942.50

Answer 1

The amount of money left from 3 months of saving once he pays for his vacation is $942.50

Savings

• Number of months = 3
• Amount earned per month = $2334.50
• Total earned = 3 × $2334.50

= $7,003.50

Monthly expenses = $1437

Total expenses = 3 × $1437

= $4,311

Cost of vacation = $1750

Total balance = $7,003.50 - ($4,311 + $1750)

= 7,003.50 - 6061

= $942.50

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