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Question

Complete this assessment to review what you’ve learned. It will not count toward your grade.

3 of 53 of 5 Items
Question
Kaya wants to buy a new gaming system, but it is expensive. She has decided to save 18%
of her paycheck each month until she can afford the new system that she wants. She earns $1,525.00
each month. She will have enough money after 8 months. How much will Kaya have saved after 8 months?(1 point)
Responses

$2,196.00
2 dollars comma 196 point 0 0

$274.50
274 point 5 0 dollars

$2,745.00

Answer 1

Bot GPT 4-o mini answered
12 hours ago

To calculate how much Kaya will have saved after 8 months, we first need to find out how much she saves each month.

Kaya saves 18% of her monthly paycheck of $1,525.00.

Calculate 18% of $1,525.00:

\[ \text{Savings per month} = \text{Monthly Paycheck} \times \frac{18}{100} = 1,525 \times 0.18 \]

\[ \text{Savings per month} = 1,525 \times 0.18 = 274.50 \]

Now, we calculate her total savings over 8 months:

\[ \text{Total Savings} = \text{Savings per month} \times 8 = 274.50 \times 8 \]

\[ \text{Total Savings} = 2,196.00 \]

Therefore, after 8 months, Kaya will have saved $2,196.00.

The correct response is:

$2,196.00