Athena F.

asked • 03/31/21

Question is in the description

Suppose you are saving your money to pay for a vacation for your family. So far, you have $400 saved. You plan on saving more each month so you can pay for the vacation at the end of the year. Assume that you save 10% more each month than the previous month


Part A: Write a formula that would show the amount you will have saved after1  year.

Part B: If the vacation costs a total of $800, will you be able to pay for it after 1 year?

Part C: Explain why or why not. Show your work to support your answer.

2 Answers By Expert Tutors

By:

Madonna Y. answered • 03/31/21

Tutor
5.0 (36)

MIT grad, bringing fun and exploration to math with origami!

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.