Determine the approximate monthly cost of spending $16.06 on takeout at least 5 times a week. (Assume four weeks in a month.)
To calculate the monthly cost of spending $16.06 on takeout at least 5 times a week, we first calculate the weekly cost:
Weekly Cost = $16.06 x 5 = $80.30
Next, we calculate the monthly cost by multiplying the weekly cost by the number of weeks in a month (four weeks):
Monthly Cost = $80.30 x 4 = $321.20
Therefore, the approximate monthly cost of spending $16.06 on takeout at least 5 times a week is $321.20.