55
QuizMultiple Choice

Topic Test

Question 55 • Financial Math - MA2007 CR

Tom has a goal of saving enough money to buy a new set of rims for his car. Tom makes $7.50 an hour take home pay at his job working 15 hours per week. If the rims that Tom wants cost $900, how long will it take Tom to achieve his goal?

Answer
A
6 weeks
B
7 weeks
C
8 weeks
D
9 weeks

Explanation

Tom earns $7.50 × 15 = $112.50 per week. To save $900, divide $900 by $112.50: 900 ÷ 112.50 = 8 weeks. The correct choice is 8 weeks.

AI-written and checked against the verified answer.

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