Carla wants to make sure she's able to afford her yearly gym membership, which costs

Question

\[\$480\]. She wants to set aside equal monthly amounts so she will have the full amount ready when it's time to renew. She has
\[12\] months until her next payment is due.
How much money will Carla need to save each month?
\[\$\]
per month

Answer 1

To find out how much money Carla needs to save each month, we divide the total cost of the gym membership by the number of months she has to save.

\(\frac{480}{12} = 40\)

So Carla needs to save $40 per month.