Peter saves $167 a month. Peter saves $37 less each month than Bill. How much will Bill save in 2 years?

Answer 1

Peter saves $167 a month. Peter saves $37 less each month than Bill. How much will Bill save in 2 years?

First, let's recap what we know.

Peter=167/month

The important thing here is to determine how much Bill saves each month. We know that he saves $37 less than Peter each month. So the equation would look like this

Bill=(167-37)/month

To do this problem, find out how much Bill saves in 1 month, then multiply by how many months are in 2 years.

Answer 2

I love multiple-step Math Stories. Let's try it the visual, step by step way first:

My final answer is $4,896 saved by Bill.

BUT how???? When in doubt, write it all out:

1. We KNOW Peter saves $167 per month

2. We ALSO KNOW that this $167 per month is $37 less than Bill saves.

The trick here is the word "less"

However, looking at the WHOLE CONTEXT instead of just the keyword tells us that Bill saves MORE than Peter (rephrase the ask)

Thus,

3. We KNOW, NOW that since Bill saves MORE than Peter, we will add our two values: $167 + $37 which = $204 saved per month by Bill.

The ask:

We NEED TO KNOW how much Bill saves in 2 years. Since the unit rate is "per month", I will convert 2 years to 24 months.

We have 3 "knows" and now we have our NEED to KNOW.

If 2 years is the same as 24 months.

Then, Bill's $204 per month saved X 24 months = $4, 896.

Bill saves $4,896 in 2 years time (at a rate of $204 per month).