7
QuizMultiple Choice

Financial Goals

Question 7 • Financial Math - MA2007 CR

Vicki works 19 hours per week. Her take home pay is $17.30 per hour. If Vicki is able to save all of her earnings, how long will it take her to save at least $4,000?

Answer
A
12 weeks
B
13 weeks
C
14 weeks
D
15 weeks

Explanation

Vicki earns 19 × $17.30 = $328.70 per week. In 12 weeks, she would save $3,944.40, which is less than $4,000; in 13 weeks, she would save $4,273.10. So the correct choice is 13 weeks.

AI-written and checked against the verified answer.

Previous
Next