Kiko is saving for a trip to Montreal with her friends. She puts $2 a day into a glass jar on her night table.

Question

a) Approximately how much will Kiko have saved in six months?

b) How much will she have in one year

Answer 1

a) $2 / 1 day x (**30 days / 1 month) x 6 months = $360

**Assuming that the avg # of days per month is 30 even though some months have 31 days and Feb has 28.

b) $2 / 1 day x (365 days / 1 yr) = $730 / yr