Alma wants to budget for her upcoming renter's insurance renewal, which will cost
$
250
$250dollar sign, 250. To do this, she plans to save equal amounts each month for the next
5
5 months.
How much will Alma need to save each month?
To find out how much Alma needs to save each month, we need to divide the total cost of the renter's insurance renewal by the number of months she plans to save.
250 / 5 = $<<250/5=50>>50
Alma will need to save $50 each month.
To find out how much Alma needs to save each month, we need to divide the total cost of the renter's insurance renewal by the number of months she plans to save.
Total cost of renter's insurance renewal: $250
Number of months to save: 5
To calculate the monthly savings, divide the total cost by the number of months:
$250 / 5 = $50
Therefore, Alma needs to save $50 each month.
To determine how much Alma needs to save each month, we divide the total cost of her renter's insurance renewal by the number of months she plans to save.
So, we divide $250 by 5:
$250 ÷ 5 = $50
Alma will need to save $50 each month to budget for her upcoming renter's insurance renewal.