Question

Marcelo is a daytime student and works informally in the afternoons. Week last night he learned that his favorite band will give a concert on December 30 and he would like buy the location closest to them which has a value of $120,750 with charge included. To the Today he only has $30,000 saved. If you wanted to save $8000 a week, how many weeks would it take to complete the amount you need to buy that location?

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Answer to a math question Marcelo is a daytime student and works informally in the afternoons. Week last night he learned that his favorite band will give a concert on December 30 and he would like buy the location closest to them which has a value of $120,750 with charge included. To the Today he only has $30,000 saved. If you wanted to save $8000 a week, how many weeks would it take to complete the amount you need to buy that location?

Expert avatar
Maude
4.7
105 Answers
1. Identify the total amount Marcelo needs:
120,750

2. Identify the amount Marcelo has already saved:
30,000

3. Identify the weekly saving amount:
8,000

4. Calculate the difference between the total amount needed and the amount saved:
120,750 - 30,000 = 90,750

5. Divide this difference by the weekly saving amount to find the number of weeks:
\frac{90,750}{8,000} = 11.34375

6. Round up to the nearest whole week:
12

Marcelo would need 12 weeks to save the required amount.

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