Question

Tara has one year to save
$
1
,
800
$1,800dollar sign, 1, comma, 800 for a family trip. She wants to save the minimum amount from each of her semi-monthly paychecks.
If Tara saves the same amount each paycheck, how much does she need to save in order to meet her goal?

Answer 1

Alex has one year to save up for a new TV. The new TV costs
$
884
$884dollar sign, 884. He wants to save the minimum amount out of each of his weekly paychecks.
If Alex saves the same amount each paycheck, how much does he need to save in order to meet his goal?

Answer 2

You are paid semi-monthly.
How many times do you get paid per year?

Answer 3

There are 12 months in a year.

Since Tara gets paid semi-monthly, she receives 24 paychecks in a year.

To save the same amount from each paycheck, she needs to save:

1,800 / 24 = $<<1800/24=75>>75. Answer: \boxed{75}.

Answer 4

There are 52 weeks in a year.

To save the same amount from each paycheck, Alex needs to save:

884 / 52 = $<<884/52=17>>17. Answer: \boxed{17}.

Answer 5

If you are paid semi-monthly, you receive 24 paychecks per year.