after graduating from high school, Estrella plans to work for two years while living at home. She will work 50 weeks per year. Develop a plan that will enable her to save $26,000 for a two-year program at a community college.
a Estrella should save $250 each week she works for two years
b Estrella should save $260 each week she works for two years
c Estrella should save $275 each week she works for two years
d Estrella should save $1,000 a month for two years
To save $26,000 over two years while working 50 weeks per year, the correct plan would be:
a) Estrella should save $250 each week she works for two years.
Explanation:
$250 savings per week * 50 weeks per year = $12,500 savings per year
$12,500 savings per year * 2 years = $25,000 savings over two years
Therefore, option a) is the correct plan as it allows Estrella to save the desired $26,000 over two years.