Question
Nicki just purchased a pre-owned car for $5,999.00. She had an unknown balance in her savings account when she began saving for the car. She saved $265.00 per month for 18 months in order to accumulate the funds necessary for the purchase. How much money did Nicki have in her account after saving for 7 months?
(1 point)
Responses
$1,855.00
$1,855.00
$2,120.00
$2,120.00
$2,819.00
$2,819.00
$3,084.00
(1 point)
Responses
$1,855.00
$1,855.00
$2,120.00
$2,120.00
$2,819.00
$2,819.00
$3,084.00
Answers
GPT-4o mini
To find out how much money Nicki had in her account after saving for 7 months, you can calculate the total amount she saved in that time frame.
She saves $265.00 per month. Over 7 months, her total savings would be:
\[
\text{Total Savings} = \text{Monthly Savings} \times \text{Number of Months} = 265 \times 7
\]
Calculating this gives:
\[
265 \times 7 = 1,855
\]
Therefore, after saving for 7 months, Nicki had **$1,855.00** in her account.
She saves $265.00 per month. Over 7 months, her total savings would be:
\[
\text{Total Savings} = \text{Monthly Savings} \times \text{Number of Months} = 265 \times 7
\]
Calculating this gives:
\[
265 \times 7 = 1,855
\]
Therefore, after saving for 7 months, Nicki had **$1,855.00** in her account.