Question

In March, a family starts saving for a vacation they are planning for the end of August. The family expects the vacation to cost $1417. They start with $130. At the
beginning of each month they plan to deposit 20% more than the previous month. Will they have enough money for their trip? If not, how much more do they need?
Select the correct answer below and, if necessary, fill in the answer box within your choice.
A. No, they needs more. (Round up to the nearest dollar.)
B. Yes, they will have enough money,

Answer 1

A. They will need $1093 more