Kaya wants to buy a new gaming system, but it is expensive. She has decided to save 18%

Question

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

Answer 1

To determine how much Kaya will save after 8 months, we first need to calculate how much she saves each month.

1. Calculate monthly savings: \[ \text{Monthly savings} = 18% \text{ of } $1,525.00 = 0.18 \times 1,525 = $274.50 \]

2. Calculate total savings after 8 months: \[ \text{Total savings} = \text{Monthly savings} \times 8 = $274.50 \times 8 = $2,196.00 \]

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