Question

Tamara earns $2050 each month. She spends 65% of the amount she earns. The rest of the money is equally divided and deposited (placed) into two separate accounts. How many months until Tamara has deposited more than $2500 in ONE of her accounts? *

Answer 1

It will take Tamara 4 months to deposit more than $2500 in one of her accounts.

Step-by-step explanation:

To find out how many months it will take for Tamara to deposit more than $2500 in one of her accounts, we need to calculate how much money she saves each month and then determine the number of months it will take to reach the desired amount.

First, we need to calculate how much money Tamara saves each month. Tamara spends 65% of her earnings, so she saves 35%. To find out how much this is in dollars, we multiply Tamara's earnings by 35%: $2050 imes 0.35 = $717.50.

Next, we divide the desired amount, which is $2500, by the amount Tamara saves each month: $2500 / $717.50 = 3.48.

Since we can't have a fraction of a month, we round up to the nearest whole number, which is 4.

Therefore, it will take Tamara 4 months to deposit more than $2500 in one of her accounts.

Answer 2

3 months

1. $2,050 - $1,315 = 735 (do this 3 times and you will have 3 of 735)

2. 735 + 735 + 735 = 2,905

3. You used 3 of 735 to get 2,905 making your answer 3 months for ONE account

Thus, making your answer 3 months