Question

Susan is saving $150 a month and has $450 in her bank account now. How much will she have in her bank account after 8 months?

a) $1,200
b) $1,650
c) $1,800
d) $2,100

Answer 1

After 8 months of saving $150 per month, and starting with a balance of $450, Susan will have $1,650 in her bank account.

Step-by-step explanation:

To determine how much Susan will have in her bank account after 8 months, we need to add the amount she saves each month to her current balance. She saves $150 a month and currently has $450. After 8 months, her savings will be:

8 months × $150/month = $1200

Now, add the current balance in her bank account:

$1200 (savings) + $450 (current balance) = $1650

Therefore, after 8 months, Susan will have $1650 in her bank account. The correct answer is option b) $1,650.

To find out how much Susan will have in her bank account after 8 months, we can multiply the amount she saves per month ($150) by the number of months (8). This gives us a total savings of $1200. To find her total bank account balance after 8 months, we can add this savings to her current bank account balance ($450). Therefore, Susan will have $1650 in her bank account after 8 months.