Question

You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By how much would you need to increase your monthly net savings in order to meet this goal?
A$100
B$150
C$200
D$250

Answer 1

Answer:

C$200

Explanation:

You need to still save $3600 to meet your annual goal of $4,500 at this point you already have $900 saved so you need $3,600 more, so in twelve months you still have to save $300 every month, as you are already savin $100 a month you will only have to increase $200 more a month to reach your goal.

Answer 2

The answer is C, $200. I got it right!