Michael saves $423 dollars a month for college. About how much will he have saved after 4 years?
well, how many months in 4 years?
423 each month...
We need to figure out how many months are in four years. There are 12 months in one year, so there are 12 x 4 = 48 months in 4 years. If he saves $423 per month, the total amount he saves over 4 years is $423 x 48. After putting this in a calculator, it comes out to $20304.
thanks Jamez
1 year= 12 months. So you would multiply 12 by 4 for 4 years that equals 48. Then multiply 423 by 48.
423x48= 20304. So that is your answer.
thx
To find out how much Michael will have saved after 4 years, we need to multiply the amount saved per month by the number of months in 4 years.
So, we can calculate the total amount saved as follows:
Total savings = (Amount saved per month) × (Number of months in 4 years)
Since there are 12 months in a year, the number of months in 4 years is 12 × 4 = 48.
Substituting the values, we get:
Total savings = $423 × 48
Now we can calculate this value:
Total savings = $20,304
Therefore, Michael will have saved approximately $20,304 after 4 years.