Carly will be going to college in 3 years. she anticipates that she will need $12,000 to pay for the first year. she currently has $2,900 in a savings account. without including any interest earned, what is a reasonable estimate of the amount carly needs to deposit into the savings account per month over the next 3 years to be able to pay for her first year of college? $150 $250 $350 $450

Respuesta :

The estimate of the amount carly needs to deposit into the savings account per month over the next 3 years to be able to pay for her first year of college is $250

Savings

  • Amount needed = $12,000
  • Amount available = $2,900
  • Number of months in three years = 12 × 3 = 36
  • Amount of savings per week = x

12,000 = 2900 + 36x

12,000 - 2900 = 36x

9,100 = 36x

x = 9100 / 36

x = 252.777777777777

Approximately,

$250

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