Q:

Drake wants to save $750 so that he can take a class on computer analysis for cars. The class is being held on various dates over the next several months. Drake is planning to take the class 6 weeks from now, so he plans to save $125 each week.Unfortunately, Drake had to take out a little money from his savings in the 3rd week. After 4 weeks, Drake has $470. He knows that he must adjust his plan in order to meet his goal. Drake came up with the following options:Option A: Stay with saving the original amount each week but take the class a week later than originally planned.Option B: Increase the amount of money he saves each week by $15 from his original plan.Which of the following is a true statement?a.Only option A will allow him to meet his goal.b.Only option B will allow him to meet his goal.c.Both options A and B will allow him to meet his goal.d.Neither option A nor option B will allow him to meet his goal.

Accepted Solution

A:
Answer:Step-by-step explanation:Given that Drake wants to save $750 so that he can take a class on computer analysis for cars. He wants to save 125 per week for 6 weeks..Unfortunately, Drake had to take out a little money from his savings in the 3rd week. After 4 weeks, Drake has $470. If he wants to have 750 after 6 weeks, he has to save [tex]\frac{750-470}{2} =140[/tex] $  per weekOr alternately he can save same 125 dollars so that he would have 750 $ in 3 weeks.A: Stay with saving the original amount each week but take the class a week later than originally planned.Option B: Increase the amount of money he saves each week by $15 from his original plan.Both are right.c. Both options A and B will allow him to meet his goal.