Question

Carl puts $1.10 in his penny bank every day in the month of July (31 days) his total saving was 55.00 at the end of June. What’s the best estimate for Carl’s savings at the end of July

Answer 1

He saves $1.10 everyday in July.

So he will have ($1.10 x 31) = $34.10 saved in July.

His total savings will be ($34.10 + 55)

Hence he will have a total of $89.10 at the end of July.

ANSWER:
He will have $89.10 at the end of July.

Answer 2

You will need to find how much he got on July so you will need to multiply 1.10 and 31.

1.10 time 31 is 34.1

Then subtract 55-34.1=20.9

Answer:20.9