Question

Sam is saving $150 a month and has $45 in his bank account now. How much money will Sam have saved after 6 months?

A) $45
B) $195
C) $270
D) $945

Answer 1

Sam will have $945 saved after 6 months.

Step-by-step explanation:

To find out how much money Sam will have saved after 6 months, we need to find the total amount saved by multiplying the monthly amount by the number of months. Sam is saving $150 a month, so after 6 months, he will have saved 6 * $150 = $900. Adding this to the amount he currently has in his bank account ($45), Sam will have a total of $900 + $45 = $945 after 6 months.