For the answer to the question above, your end goal is to have $6,000 total in 12 months. since you have $2400 already you can subtract that from 6,000 leaving you with $3600 over the course of 12 months. since you already put $150 in a month over the course of 12 months you would have $1800 which is only half of the goal of $3600. in order for you to put in $3600, you would have to put an additional 150 in your savings along with your regular 150 making Letter B the answer.
It is between 3.1 and 3.17 or 3.2 if you want it by hundredths.
This is because 3.16 is 3.1600000 and many more zeros but 3.16227766 is slightly over that so it would be between 3.1 and 3.17.
First, find how much he paid by tire.
To do so, divide what he paid by how many tires he bought like this :
240$ / 12 = 20$ per tire
Then, calculate how much he sells each tire.
To do so, start by calculating how much he paid for 3 tires:
20$ x 3 = 60$
This is the price he sells 2 tires for, therefore :
60$ / 2 = 30$
he sells his tires 30$ each.
Finally, you have to calculate the profit he made by selling 12.
We already know how much it cost, so you need to find how much money he gets selling them :
12 tires x 30$ = 360$
To find the profit, take off the amount he paid from the amount he made :
360$ - 240$ = 120$
There you go!
Your income is the money you receive or acquire it's the inflow and your total expenses are the money you spent it's the outflow
