Algebra. NEED HELP ASAP PLEASE

posted by wendy

The fourth month this year, you have $368 saved. At the twelfth month this year, you have saved $504.

What is your savings rate?

  1. Roro

    So if $368 was saved in the fourth month, and $504 was saved at the twelve month, you subtract 504-368 which equals 136. Now you need to divide 136 by the remaining months, so 12-4=8, now you divide 136 by 8! Your savings rate is 17!

Respond to this Question

First Name

Your Answer

Similar Questions

  1. m m a t h

    Starting from 1993 john saved 5 dollars in that year for the subsequent years, he saved 3 times the saved amount of the preivous year. what is Johns total savings at the end of 1998?
  2. math

    Steri-strips cost $4.95 per box, there are 100 per box. If an orthopedic surgical group uses 200 Steri-strips a month, how much would be saved in a year by making a single purchase for a year's supply rather that 12 monthly purchases. …
  3. math

    The Pirerras are planning to go to Europe 5 yr from now and have agreed to set aside $190/month for their trip. If they deposit this money at the end of each month into a savings account paying interest at the rate of 9.5%/year compounded …
  4. math

    Xuan saved $5340 in 3 years. If he saved $95 per month in the first year and a fixed amount per month for the next 2 years, how much did he save per month during the last 2 years?
  5. Math

    Mike started a savings account by depositing $9. Each month, he deposits more money than the month before. At the end of 41 months, he has saved $9,389.00. How much more does he deposit each month?
  6. math: ratios

    By the end of the year Kieran's savings is 9/2 of Simon's savings. a) what is the ratio of Kieran's savings to their total savings?
  7. Math, Algebra

    Every month Jen spent 1/4 of her salary and saved 2/5 of the remainder. After 6 months, Jen saved $4320. How much did she earn each month?
  8. Precalculus

    Show the first three terms of each related sequence or series and solve each problem. 1) Jerry hopes to buy a camera which costs $680. He plans to save $5 more each month than in the month before, beginning with $5 this month. In how …
  9. business mathematics

    You are planning to go to Europe 4 years from now and have agreed to set aside RM200 each month for trip. If you deposit this money at the end of month into savings account paying interest at the rate of 8%/year compounded monthly, …
  10. Math

    23. Suppose the number of expert gamers in California is 52,400 and is growing 20% each year. Predict the number of experts after 5 years. 24. The population of bacteria in your messy room is 36,725 and is growing at a rate of 11% …

More Similar Questions