Question

every contest is 15 minutes, and i win every 15 minutes 690 dollars, i need 28,000 dollars, and i have 3 hours to get 28,000 dollars. I have 9,705 dollars, will i have enough time to reach 28,000 dollars?

Answer 1

To determine if you will have enough time to reach $28,000, we need to calculate the number of contest wins required and the time it will take.

Each contest win earns you $690, and you have a total of $9,705. Therefore, you need to earn an additional $28,000 - $9,705 = $18,295.

Since each contest lasts for 15 minutes, and you have 3 hours, you have a total of 3 x 60 = 180 minutes available.

To calculate the number of contests you can participate in during this time: 180 minutes / 15 minutes = 12 contests.

Since you win every contest, you can earn an additional $690 x 12 contests = $8,280 during this time.

As a result, you won't be able to reach $28,000 even with the additional $8,280 earned from participating in 12 contests within 3 hours.