Question

Suppose you are saving your money to pay for a vacation for your family. so far, you have saved. you plan on saving more each month so you can pay for the vacation at the end of the year. assume that you save more each month than the previous month.
part a: write a formula that would show the amount you will have saved after year.

part b: if the vacation costs a total of , will you be able to pay for it after year?

part c: explain why or why not. show your work to support your answer.

Answer 1

440 repeat 11 more times.

400+(400*.1)=440 repeat 11 more times. Remember to use a new value each time.

Vacations can get expensive fast. The average cost per person for a week-long vacation is about $1,200 annually. So, if you've got a family of five, you'll need to sock away at least $6,000 for transportation, hotels, meals, and amusement parks.

Financial experts suggest that the average family vacation costs between 5-10% of your total income. If your family makes $40,000 per year then experts say your yearly family vacation budget should average between $2,000-$4000.

Learn more about a vacation at

brainly.com/question/24314569

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