Is this true you say the $100 in 5 months at this rate how much will you save in 15 months what is the effect of your savings if you save $110 in 5 months B in 15 months you will say $500 if you change your savings to $110 total savings will increase C in 15 months you will save 285 if you change your savings to $110 your total saving will increase D in 15 months you will save $300 if you change your savings to $110 your total savings will decrease

1 answer

Let's break down the statements regarding savings to analyze their validity.

  1. Savings of $100 in 5 months:

    • If you're saving $100 in 5 months, that would typically imply a rate of savings rather than a total. If we assume you're saving this amount regularly every 5 months, you can calculate how much you'd save in 15 months.
    • In 15 months, you would complete 3 cycles of 5 months. Therefore, if you save $100 every 5 months, in 15 months, you would save: \[ 3 \times 100 = 300 \text{ dollars} \]
  2. Effect of saving $110 in 5 months:

    • If you save $110 every 5 months, in 15 months (which is still 3 cycles), you save: \[ 3 \times 110 = 330 \text{ dollars} \]
    • This indicates that changing your saving amount from $100 to $110 would indeed increase your total savings from $300 to $330.
  3. Statement about saving $285:

    • If one supposed scenario suggests saving $285 in 15 months based on some context that is not provided, we cannot directly verify it without additional information.
    • However, if you save $110 every 5 months, your savings is calculated as above (which equals $330), not $285.
  4. Saving $300:

    • If you save $100 every 5 months, as previously calculated, at 15 months, you do save $300.
    • If you decide to change your savings to $110, your total savings will again increase to $330, not decrease.

To summarize:

  • A: If you save $100 for 15 months, you save $300. But saving $110 instead increases it to $330. So, statement A is incomplete.
  • B: In 15 months, if you save $110, you'll have $330, not $500.
  • C: The claim that you will save $285 cannot be substantiated unless specific details are provided.
  • D: If you save $300 with the $100 savings, switching to $110 will NOT decrease your savings; it will increase to $330.

Thus, most statements appear incorrect or require further clarification.